Attabotics lays off staff as robotic storage provider files for bankruptcy

NodeX was Attabotics’ ergonomic selecting terminal for its computerized storage space and access system. Resource: Attabotics

Attabotics Inc. recently apparently gave up a lot of its roughly 200 workers and submitted a notification of intent for insolvency security. The Calgary, Alberta-based business had actually established software and hardware for automated storage space and access systems, or ASRS.

Motivated by ants, Attabotics had actually asserted that its ASRS can enhance area use and storage facility performance. Established in 2016, the business had actually elevated an overall of greater than $194 million (UNITED STATE), according to Crunchbase.

It had actually elevated $ 25 million in Collection B financing in 2019, $ 50 million in Collection C financing in 2020, and $ 71.7 million even more in Collection C financing in 2022 yet was incapable to finish a Collection D round.

In March 2025, Attabotics introduced its FulfillAI software program, which utilized expert system to manage gratification, especially for smaller sized procedures. It asserted that its 3D system was much more effective than completing ASRS.

” We’re informing the marketplace that it can be utilized for greater than container access– there’s induction, sequencing, and sorting,” Scott Gravelle, owner and chief executive officer of Attabotics, informed The Robotic Record at ProMat 2025. “Over the previous 2 years, we understood that consumers do not have a solitary price of lines per hour; they required to obtain things done by delivery time.”

” It was an information scientific research issue, and we decreased the variety of robotics in our system by 60%,” he claimed at the time. “As opposed to developing to the device, our AI has actually boosted uptime and enhanced gratification to 1,200 devices per hour.”

Automated storage space carrier had capital issues

While Attabotics’ yearly income mored than $50 million in 2015, it additionally had a bottom line of virtually $50 million CAD ($ 36 million united state) in 2024. The business gave up component of its team after that and criticized the loss on rates of interest, slower customer investing, and postponed tasks.

For example, its consumers consisted of Nordstrom Inc., which closed down in 2023. On the various other hand, U.K.-based grocery store chain Tesco had just recently chosen Attabotics’ systems.

In April 2025, Attabotics asked Export Advancement Canada (EDC), its greatest financial institution, for a $20 million swing loan. The business anticipated to produce $37 million in income in 2025 and $100 million in 2026, Gravelle informed supply chain specialist Brittain Ladd.

Nevertheless, EDC claimed last month that the Ontario Educator’s Fund would certainly not spend even more in the business. The majority of the staying workers obtained notification of discontinuation on June 29, created the Calgary Herald

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Attabotics was associated with legal actions

On social networks, some previous staffers and sector onlookers kept in mind that Attabotics had actually stopped working to expand its consumer base and invested excessive cash on its head office, along with that its monitoring was closed to transform.

The business was additionally associated with famous lawful conflicts. In 2021, Attabotics submitted a patent-infringement case versus Urbx, which was worked out in 2023.

Likewise in 2023, Attabotics filed a claim against consumer Canadian Tire over a storage facility fire at a warehouse in Brampton, Ontario. It set you back Canadian Tire $67.7 million in first-quarter earnings, plus $20 million even more in supply chain interruptions, claimed BetaKit. The firms worked out in 2024.

Attabotics’ insolvency filings claimed it has $32 million in possessions, consisting of 160 licenses, and obligations of $73.5 million. EDC has actually not yet shared its prepare for those possessions.

The Robotic Record has actually connected to Gravelle for additional remark.

The article Attabotics gives up team as robot storage space carrier apply for insolvency showed up initially on The Robotic Record.