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attabotics

Attabotics secures $72 million to automate legacy fulfillment centers

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Attabotics, a robotics-led supply chain company, has raised $71.7 million in Series C-1 funding led by Export Development Canada (EDC) with participation from Ontario Teachers’ Pension Plan Board (Ontario Teachers’) through Teachers’ Venture Growth (TVG).

The round brings Attabotics’ total funding to $165.1 million to date and will be used to further accelerate the commercialization of its 3D robotics warehousing solution in the wake of growing post-Covid-19 demand.

Attabotics is the world’s first supply chain solution for modern commerce. The company’s all-in-one automated fulfillment system condenses a typical warehouse by creating a single, vertical storage structure. [Read more…] about Attabotics secures $72 million to automate legacy fulfillment centers

Attabotics introduces new robot to ‘increase warehouse efficiency’

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Attabotics, which describes itself as “the world’s first 3D robotics supply chain system for modern commerce”, has unveiled its Attabot 2022, the first commercialized version of its proprietary robot.

Built stronger and smarter than its predecessor, the Attabot 2022 boasts a simplified mechatronic design that reduces operational costs while increasing the efficiency of automated picking and packing of goods.

Beginning customer operations in August 2022, the Attabot 2022 is equipped with a flexible payload to accommodate larger bins up to 16” tall at 100 lb – an increase of 25 percent from Attabotics’ previous robot release. [Read more…] about Attabotics introduces new robot to ‘increase warehouse efficiency’

Attabotics partners with AltaML and Amii to bolster AI capabilities for supply chains

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Attabotics, a supply chain company, is partnering with AltaML, a leading Canadian applied artificial intelligence and machine learning company, and the Alberta Machine Intelligence Institute (Amii), a renowned center of artificial intelligence research and application, to develop capabilities in artificial intelligence and machine learning that further optimize efficiency and productivity in Attabotics’ innovative supply chain infrastructure.

Together, the three organizations will begin operationalizing the partnership through projects that combine AI technologies with IoT (Internet of Things) infrastructure to achieve more efficient IoT operations, improve human-machine interactions and enhance Attabotics’ data management and capabilities.

Requiring 85 percent less space than typical fulfillment warehouses, Attabotics is an entirely new way to store and pick goods in warehouses that is tailor-made to help retailers respond to changing e-commerce demands and empower brands. [Read more…] about Attabotics partners with AltaML and Amii to bolster AI capabilities for supply chains

Robotic and Automation News Review: OnRobot updates software, drones fly through deep mines, Toyota partners with Ridecell, and much more…

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Robotic and Automation News Review Monday 24 August 2020

This is a new, weekly column which rounds up all the most interesting news from the robotics and automation industry in the past seven days, in brief form.

Usually, we try to publish the review on Fridays, but because of technical problems last week, it has been delayed until today. Apologies for that.

This Robotics and Automation News Review is also available to view on our YouTube channel. (See video below.)

Please support our website by subscribing to our YouTube channel, by sharing the stories we publish on social media, and by purchasing premium subscriptions to RoboticsAndAutomationNews.com, as well as through corporate sponsorships and advertising.

[Read more…] about Robotic and Automation News Review: OnRobot updates software, drones fly through deep mines, Toyota partners with Ridecell, and much more…

Warehouse automation company Attabotics raises $50 million in new funding

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Attabotics, a warehouse automation company, has raised $50 million in Series C funding.

The investment round was led by Ontario Teachers’ Pension Plan Board through its Teachers’ Innovation Platform, along with existing investor Honeywell, and brings Attabotics’ total funding to $82.7 million,

Attabotics says the new money will be used to “further accelerate its commercialization, invest in new technologies, scale manufacturing operations, and more”. [Read more…] about Warehouse automation company Attabotics raises $50 million in new funding

Attabotics raises $25 million to ‘transform supply chains’

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Attabotics, a robotics company specialising in supply chain technology, has raised $25 million in Series B funding from financial and strategic investors.

Participants in the round included Coatue, Comcast Ventures, and Honeywell alongside returning early investors Forerunner Ventures and Werklund Growth Fund.

The new funding will go toward supporting Attabotics’ continued, explosive growth, including new hires, scaling manufacturing operations, the development of new technologies, and more. Attabotics has raised $32.7 million in funding to date. [Read more…] about Attabotics raises $25 million to ‘transform supply chains’