Ati Motors, a leader in AI and autonomous robotics, has raised $20 million in a Series B funding round led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP). The round also saw participation from existing investors, including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures. This milestone comes amidst Ati Motors’ exceptional growth, with its order book tripling in Q4 2024 and nine new industry-leading clients joining its roster.
Transforming Manufacturing with Advanced Robotics
Ati Motors specializes in leveraging robotics and AI to redefine industrial automation. With hundreds of Sherpa robots deployed across 40 leading manufacturers, including Forvia and Hyundai, the company is empowering industries with scalable, autonomous solutions. Notably, 30% of its client base includes Fortune 500 companies, with deployments across North America and APAC.
These autonomous robots are designed to operate in dynamic and complex manufacturing environments, providing industry-leading uptime and boosting productivity for their clients.
Accelerating Innovation with Series B Funding
The fresh capital will enable Ati Motors to:
- Enhance Product Development: Expand its robotic capabilities by utilizing one of the largest and most diverse factory datasets for autonomous movement.
- Global Expansion: Strengthen its presence in North America, India, APAC, and newly established operations in Mexico.
- AI Model Advancements: Develop next-generation AI models tailored to industrial automation.
Saurabh Chandra, Founder and CEO of Ati Motors, stated:
“Our mission has always been to create advanced, reliable products that enhance productivity and efficiency in industrial settings. This funding will allow us to leverage our extensive real-world dataset to build cutting-edge AI models and further develop our industrial autonomy platform. The rapid growth we’ve achieved validates our approach of focusing on manufacturing as a vertical and designing purpose-built self-driving vehicles for factories.”
Industry Validation and Market Demand
Walden Catalyst Ventures Partner Shankar Chandran remarked:
“Ati Motors represents the future of industrial automation. Their unique blend of advanced AI, robotics, and manufacturing expertise positions them as a leader in the next wave of automation. Their remarkable growth highlights the strong market demand for their innovative solutions.”
With clients ranging from automotive giants to global manufacturers, Ati Motors has positioned itself as a trusted partner for companies looking to enhance operational efficiency through autonomous robotics.
Global Presence and Future Roadmap
Ati Motors is expanding its footprint across North America, with a newly established headquarters in Detroit, MI, and operations in Mexico. The company continues to strengthen its presence in India, Southeast Asia, and beyond, solidifying its reputation as a global leader in industrial automation.
The funding will further position Ati Motors to dominate the intersection of AI and robotics, enabling manufacturers to achieve unparalleled productivity and operational excellence.
Conclusion
With a proven track record of deploying autonomous robots in complex environments and securing partnerships with Fortune 500 companies, Ati Motors is poised to lead the next era of industrial automation. The $20 million Series B funding will accelerate its innovation and global expansion, ensuring the company remains at the forefront of AI-driven robotics solutions.