Attabotics Raises USD$71.7M in Series C-1 Funding

Attabotics, a Calgary, Canada-based 3D robotics supply chain company, raised USD$71.7M in Series C-1 funding.

The round, which brings total funding to $165.1M USD, was led by Export Development Canada with participation from Ontario Teachers’ Pension Plan Board (Ontario Teachers’), Teachers’ Venture Growth.

The company intends to use the funds to further accelerate the commercialization of its 3D robotics warehousing solution.

Led by Scott Gravelle, Founder and CEO, Attabotics provides a 3D robotics supply chain system for modern commerce. The company 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 the company’s warehouse needs by 85 percent. By empowering retailers to place fulfillment centers near high-density urban areas, Attabotics helps create jobs and decrease carbon emissions by closing the last-mile delivery gap.

The fundraise follows a growth year for the company, including the launch of the Attabot™ 2022 and a bolstered roster of partners such as Pan Pacific Pet, Modern Beauty Supplies, the U.S. Department of Defense, Körber Supply Chain Automation, SYNUS Tech, and more. 

FinSMEs

15/11/2022