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Ati Motors, a robotics company based in India, has successfully secured $20 million in Series B funding to enhance its operations. The funding round was co-led by Walden Catalyst Ventures and NGP Capital, with additional participation from True Ventures and Blume Ventures. The capital will be utilized to expand the company's presence in the U.S. and Asia-Pacific markets. Ati Motors is recognized for its innovative Sherpa robots, which utilize 3D lidar sensors and spatial awareness technology to navigate complex environments in factories and warehouses. The success of Ati Motors highlights the growing potential of India's robotics industry, with notable figures like Saurabh Chandra leading the charge in this sector.
Ati Motors brings in $20M to expand presence in the U.S., APAC #robotics #automation #AI #RoboticsAINews https://t.co/08AAS6mHf5 https://t.co/o6F2ej75E7
Ati Motors (@ati_motors), a Blume Fund III portfolio company, has successfully raised $20 million in Series B funding. 🙌 The round was co-led by Walden Catalyst Ventures (@walden_catalyst) and NGP Capital (@ngpcapital), with participation from True Ventures (@trueventures),… https://t.co/tZvL4lOkFW
Congratulations @paraschopra . Great win for bootstrapped Saas ecosystem of India Would love to be part of the turing dream and also would like to contribute to it through my work https://t.co/9rJuczaHHZ