Industrial robotics startup Ati Motors raises $20 million in Series B funding

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Autonomous industrial robotics startup Ati Motors has raised $20 million in a Series B funding round led by Walden Catalyst Ventures and NGP Capital.Existing investors, including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures, also participated in the round.

The Bengaluru-based company plans to utilise the fresh capital to accelerate product development and expand its footprint into new geographies.

This funding round follows a $10.85 million Series A investment in July 2023, led by True Ventures.

“With this…



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Industrial robotics startup Ati Motors raises $20 million in Series B funding


Autonomous industrial robotics startup Ati Motors has raised $20 million in a Series B funding round led by Walden Catalyst Ventures and NGP Capital.Existing investors, including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures, also participated in the round.

The Bengaluru-based company plans to utilise the fresh capital to accelerate product development and expand its footprint into new geographies.

This funding round follows a $10.85 million Series A investment in July 2023, led by True Ventures.

“With this…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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