Attabotics raises $71.7 million for automated success system
The Canadian logistics robotics startup Attabotics has raised $71.7 million in enterprise backing for its stock storage and retrieval system and says it’s going to use the funds to speed up the commercialization of its “three dimensional” robotics warehousing resolution within the wake of rising post-covid demand.
Calgary, Alberta-based Attabotics makes an automatic success system that shops items in a dense, vertical dice that’s served by robotic shuttles often called Attabots. The shuttles choose items all through the inside of the dice, then ship them to employees standing at stations on its perimeter.
The seven-year-old firm says its strategy lets customers cut back their warehouse house necessities by 85%, permitting them to find success facilities nearer to cities for sooner supply occasions to e-commerce prospects.
That technique is usually corresponding to shuttle-served automated storage and retrieval (AS/RS) techniques from corporations like Exotec, Symbotic, Alert Innovation, AutoStore, and Knapp.
The agency’s “collection C-1” spherical was led by Export Growth Canada (EDC) with participation from Ontario Lecturers’ Pension Plan Board (Ontario Lecturers’) via Lecturers’ Enterprise Development (TVG). The transfer follows a $50 million spherical in 2020 and brings Attabotics’ whole funding to $165.1 million thus far.
We’re accelerating our 3D robotics warehousing resolution by closing our Sequence C-1 funding spherical. Thanks, @ExportDevCanada and the @OTPPinfo via Lecturers’ Enterprise Development (TVG)! https://t.co/1HKzwl33IH
— Attabotics Inc. (@Attabotics) November 15, 2022
