We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Attabotics raises $71.7 million for automated fulfillment system

Attabotics raises $71.7 million for automated fulfillment system

Canadian startup says its shuttle-served dense storage system allows companies to build DCs closer to customers.

attabotics Screen Shot 2022-11-16 at 1.33.58 PM.png
November 16, 2022
Supply Chain Quarterly Staff
No Comments

The Canadian logistics robotics startup Attabotics has raised $71.7 million in venture backing for its inventory storage and retrieval system and says it will use the funds to accelerate the commercialization of its “three dimensional” robotics warehousing solution in the wake of growing post-covid demand.

Calgary, Alberta-based Attabotics makes an automated fulfillment system that stores goods in a dense, vertical cube that is served by robotic shuttles known as Attabots. The shuttles pick goods throughout the interior of the cube, then deliver them to workers standing at stations on its perimeter.

The seven-year-old company says its approach lets users reduce their warehouse space requirements by 85%, allowing them to locate fulfillment centers closer to cities for faster delivery times to e-commerce customers. 

That strategy is generally comparable to shuttle-served automated storage and retrieval (AS/RS) systems from companies like Exotec, Symbotic, Alert Innovation, AutoStore, and Knapp.

The firm’s “series C-1” round was led by Export Development Canada (EDC) with participation from Ontario Teachers’ Pension Plan Board (Ontario Teachers’) through Teachers’ Venture Growth (TVG). The move follows a $50 million round in 2020 and brings Attabotics’ total funding to $165.1 million to date.


We're accelerating our 3D robotics warehousing solution by closing our Series C-1 funding round. Thank you, @ExportDevCanada and the @OTPPinfo through Teachers’ Venture Growth (TVG)! https://t.co/1HKzwl33IH

— Attabotics Inc. (@Attabotics) November 15, 2022


Technology Warehousing
KEYWORDS Attabotics, Inc.
    • Related Articles

      Cimcorp to Provide Automated Order Picking System for Synlait's New Liquid Milk Production Facility

      Paris firm Shippeo raises $40 million for visibility platform

      Project44 raises $420 million in new funding for supply chain visibility tools

    Recent Articles by Supply Chain Quarterly Staff

    More women join trucking industry as technicians

    GE Appliances unveils $450 million upgrade to manufacturing plant in KY

    Freight technology provider Loadsmart acquires computer vision platform provider

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • California bill would require large corporations to disclose their greenhouse gas emissions

    • How companies can lower their ESG footprint through smarter procurement

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing