Ati Motors Secures $20M Series B for Robotics Expansion

Ati Motors, a leader in AI and autonomous robotics, has successfully secured $20 million in Series B funding led by Walden Catalyst Ventures and NGP Capital, with support from existing investors such as True Ventures and Exfinity Venture Partners. This investment follows a period of remarkable growth for Ati Motors, highlighted by a tripled order book and new partnerships with nine prominent industry clients. The company specializes in autonomous mobile robots for manufacturing sectors, deploying its AI-powered Sherpa robots across a wide range of environments including North America, serving clients like Forvia and Hyundai. The new capital will enable Ati Motors to accelerate product development and expand its market presence across North America and APAC, further solidifying its position as a leader in industrial automation solutions. Ati Motors utilizes cutting-edge technology such as Edge AI and LIDAR to enhance their autonomous capabilities, allowing them to deliver high productivity and efficiency in complex industrial settings. The funding will also support the establishment of operations in Mexico, and the expansion of headquarters in Detroit, Michigan.