Attabotics brings in $71.7M in Series C funding
Attabotics’ automated storage and retrieval system can reduce warehouse space by 85%. | Source: Attabotics Attabotics announced that it brought in $71.7 million in Series C-1 funding. The latest round brings its total funding to $165.1 million since its founding in 2015. The Canadian automated storage and retrieval system (ASRS) developer plans to use the Series C funding to further accelerate the commercialization of its robotic warehousing solution. Attabotics ‘ solution condenses typical warehouses into a single, vertical storage structure. Inside the system, Attabots, or robotic shuttles, move in 3D space to pick goods and present them to workers at workstations on the outside perimeter. This system can reduce a retailer’s required warehouse space by up to 85% and enable delivery times as short as one hour. “Our vision from day one has been revolutionizing the current supply chain system by offering retailers a fast, sustainable and ultramodern model to fulf...