nesto Raises $300.0M Series E

LoopX

LoopX is a Physical AI company building All-Condition Intelligence for the world's harshest industrial environments. We develop rugged AI perception and autonomy technologies that enable machines to see, understand, and act reliably in uncontrolled conditions—where dust, darkness, rain, snow, fog, vibration, and extreme temperatures challenge conventional AI systems. Starting with underground mining, LoopX delivers intelligent solutions for collision avoidance, machine perception, localization, payload analytics, fleet intelligence, and autonomous operations. Our sensor fusion platform combines LiDAR, thermal imaging, RGB vision, edge AI, and advanced robotics to transform industrial equipment into safer, smarter, and more productive machines. Headquartered in Canada, LoopX partners with leading mining companies, OEMs, and technology providers to accelerate the adoption of AI-powered industrial automation across the global mining industry. All-Condition Intelligence for the world's harshest operations.