Attabotics Nabs $50 Million Round

  • General
  • August 18, 2020
  • 40
  • 3 minutes read
Attabotics CEO Scott Gravelle.

Photo credit: Citrus Photo/TED, under Creative Commons license

Attabotics, a Canadian startup that makes warehouse robots, has raised $50 million in Series C funding led by the Ontario Teachers’ Pension Plan Board along with industrial conglomerate Honeywell, a previous investor in the company. With the new funding, Attabotics has now raised a total of $83 million in equity funding since its inception. The company says it’ll deploy the new capital to invest in new technologies and scale its manufacturing operations.

Attabotics is a robotics company based out of Calgary, Canada. The company develops warehouse robots used by retailers to facilitate order fulfillment operations. Founded in 2016, Attabotics has been recognized as one of Canada’s top and most promising startups. Before now, the company had raised funding from investors including Comcast Ventures, Coatue Management, and Forerunner Ventures.

Despite being based in Canada, Attabotics has customers in and operates fulfillment centers also in the US.

Leave a Reply

Your email address will not be published. Required fields are marked *