LoopX, a Canadian company developing AI and robotics-powered solutions for the mining industry, recently announced a pre-seed investment from Hatch. The partnership Hatch says underscores its ongoing commitment to building safer, smarter, and more sustainable mining operations.
Founded in 2022 and based in Waterloo and Sudbury, Ontario, LoopX is pioneering the development of interoperable autonomy and collision avoidance systems for both industrial and mining applications. As part of its strategic investment in LoopX’s recent seed round, Hatch will provide deep technical expertise and global project experience to help accelerate the deployment of LoopX’s autonomous mining technologies.
Hatch’s multidisciplinary teams will support the integration of LoopX’s AI-powered systems into large-scale mining operations, offering guidance on implementation, risk mitigation, and life cycle optimisation.
With access to its global client network and commercialisation pathways, Hatch says LoopX will be well-positioned to scale its solutions across diverse geographies and equipment types. “This partnership also enables collaborative innovation, with Hatch contributing engineering insights to enhance product development and uncover new applications for LoopX’s autonomy platforms. The collaboration reflects some of Hatch’s core values including achieving no harm and innovating all that we do.”
“LoopX’s autonomy solutions align closely with Hatch’s focus on helping our clients to operate safe and sustainable mining operations,” said Mark Deziel, Global Director, Mining at Hatch. “Their technology allows existing fleets to be retrofitted with advanced safety and automation features, giving our clients a practical, cost-effective path to safer, more productive operations.”
“Our new partnership with Hatch is a powerful endorsement of our mission to make mining safer, smarter, and more autonomous,” says Chao Yu, founder and CEO of LoopX. “Their deep industry expertise and global reach will accelerate our ability to deploy AI-driven solutions that transform how mines operate – unlocking new levels of safety, efficiency, and sustainability.”
