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Cinema Robotics Firm Axibo Secures $12M to Build Humanoid Robots in Canada
Canadian robotics firm Axibo, known for cinema robotics used by Netflix and Apple, secures $12 million ($11M external, $1M founders) to launch Axibo AI, a new division focused on developing humanoid robots. Leveraging its manufacturing expertise, the Waterloo-based company plans a modular platform approach, aiming for a prototype debut in early 2026.