Industrial robotics company Ati Motors has raised $20 million in its Series B funding round, led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP), with participation from existing investors including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures.
This latest funding builds on previous rounds, including $10.85 million in a Series A led by True Ventures in July 2023, and $3.5 million in pre-Series A funding in 2021 led by Blume Ventures, Exfinity Venture Partners, and MFV Partners.
Strategic Focus on Growth and Innovation
The newly secured capital will be used to accelerate product development, expand market presence in North America and the APAC region, and further strengthen the company’s leadership position in the industrial robotics space.
Ati Motors specializes in developing autonomous mobile robots (AMRs) designed to enhance productivity and streamline operations in critical sectors such as warehousing, logistics, and manufacturing. These robots offer cutting-edge solutions for automating material handling and operations, driving efficiency and scalability for their clients.
Growing Global Presence
Ati Motors has been actively expanding its footprint. The company recently established operations in Mexico, strengthened its presence across the US, India, and Southeast Asia, and is now scaling its North American headquarters in Detroit, MI.
Industry-Leading Clientele
With a growing portfolio of global clients, Ati Motors boasts partnerships with leading names such as Bosch, TVS Motors, CEAT, and Hyundai, serving both India and the US markets.
This Series B funding positions Ati Motors to capitalize on the growing demand for robotics and automation in the industrial sector, with a focus on scaling innovative solutions for businesses worldwide.
