Attabotics, a Canadian 3D robotics supply chain company, has announced that it has raised US$71.7m (£60.7m) in a Series C funding round to further accelerate its 3D robotics warehousing solution.
This round of financing brings Attabotics’ total funding to date to a reported US$165.1m (£139.7m), with the company claiming to offer the world’s first and only 3D fulfilment system.
What’s more, its automated fulfilment system is designed to condense the applications and size of a warehouse into a single, vertical storage structure, in which robotic shuttles move in 3D space to pick goods.
According to Attabotics, this solution utilises the flexibility and speed of fulfilment processes while reducing a retailer’s required warehouse needs by up to 85%.
The company continued by saying that this reduction of space enables Attabotics customers to locate their sites closer to cities, which in turn can increase delivery and turnaround times.
“Our vision from day one has been revolutionising the current supply chain system by offering retailers a fast, sustainable and ultramodern model to fulfil customer needs,” said Scott Gravelle, founder and CEO of Attabotics.
“Creating the software and hardware needed to solve the global supply chain problem is a massive undertaking but this new funding, along with the support from our investors and team, will allow us to scale our technology and double down on our commitment to implementing the most advanced fulfilment technology on the market.”
The robotics manufacturer claims that the pandemic has led to rapidly growing consumer expectations, and that its system using Attabots (the company’s namesake robot) can help businesses adjust to these changes and reduce the pressure of labour shortages.
