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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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