Attabotics, a Calgary and Toronto, Canada-based 3D robotics supply chain company, raised $50m in Series C funding.
The round, which brought total funding to $82.7m USD, was led by Ontario Teachers’ Pension Plan Board (Ontario Teachers’) through its Teachers’ Innovation Platform (TIP), along with existing investor Honeywell.
The company intends to use the funds to further accelerate its commercial deployment, invest in new technologies, scale manufacturing operations, and more.
Led by Scott Gravelle, founder, CEO & CTO, Attabotics is a supply chain solution for modern commerce, empowering brands and retailers to operate with a system to save money, boost productivity, and benefit the environment. Inspired by the framework of ant colonies, it replaces the rows and aisles of traditional fulfillment centers with a patented storage structure and robotics shuttles that utilize both horizontal and vertical space, reducing a company’s warehouse needs.
The company currently has six live installations in North America spanning customers across retail, B2B, food & beverage, and one of the largest luxury retailers in the U.S., Nordstrom. Microsoft also partners with Attabotics for cloud-based supply chain management on the Azure platform.