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Auto Tech Series A Founded 2020

Area X.O

Provider of solutions for the development, testing, and application of technologies. Claims that it provides solutions to fuel the creation, commercialization, and adoption of breakthrough innovations in mobility, autonomy, and connectivity that benefit the community, economy, and environment. The applications span telecom, smart agriculture, defense, security and public safety, unmanned aerial vehicles, and smart…

📍 Ottawa, Canada · Autonomous Vehicles

Funding snapshot

Last roundSeries A
Amount$8M
Date1 February 2023
Total raised$8M

About

Provider of solutions for the development, testing, and application of technologies. Claims that it provides solutions to fuel the creation, commercialization, and adoption of breakthrough innovations in mobility, autonomy, and connectivity that benefit the community, economy, and environment. The applications span telecom, smart agriculture, defense, security and public safety, unmanned aerial vehicles, and smart cities. Founded in 2020, headquartered in Ottawa, Canada. Area X.O operates in the Autonomous Vehicles sector. The company focuses on Testing Facility. The company has raised $7.6M in Series A funding. Notable investors include FedDev Ontario, QNX, Microsoft, Ottawa, Ericsson, Kongsberg Geospatial, among others. The company is categorized under Auto Tech > Autonomous Vehicles.

Business model

Autonomous Vehicles > Testing > Testing Facility

Institutional investors

FedDev Ontario QNX Microsoft Ottawa Ericsson Kongsberg Geospatial TÜV SÜD Nokia

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