Ati Motors

Ati Motors

Developer of autonomous moving robots

Founded

2017

Headquarters

Bengaluru (India)

Status

Series B

Company Details

Website

Socials

Email

Phone

+916364857801

Ati Motors is a Bengaluru-based robotics startup founded in 2017 by Saurabh Chandra, Vinay V, and Saad Nasser. The company specializes in developing autonomous mobile robots (AMRs) designed to enhance productivity and streamline operations in industrial environments. Its flagship product line includes the Sherpa family of robots, which are utilized for various material movement tasks across manufacturing facilities.

Recent Developments

On January 23, 2025, Ati Motors announced it had raised $20 million in a Series B funding round co-led by Walden Catalyst Ventures and NGP Capital, with participation from existing investors such as True Ventures and Blume Ventures. This funding aims to accelerate product development and expand market presence in North America and the Asia-Pacific region. The company has recently set up operations in Mexico and is expanding its headquarters in Detroit, MI.

Technology and Applications

Ati Motors focuses on leveraging artificial intelligence and machine learning to create robots that can operate autonomously in dynamic manufacturing environments. Their Sherpa robots are equipped with advanced navigation systems, enabling them to perform tasks like transporting materials within factories. These robots have been deployed across over 40 leading manufacturers, including major clients like Hyundai and CEAT.

The company has developed its technology in-house, ensuring that its systems are compatible with the Industrial Internet of Things (IIoT) and Industry 4.0 standards. The Sherpa Tug, for example, can carry loads of up to one ton, making it suitable for a variety of industrial applications.

Vision and Future Goals

Ati Motors aims to revolutionize industrial automation by creating reliable products that enhance both productivity and efficiency. The recent funding will help the company leverage its extensive datasets to develop next-generation AI models that improve the capabilities of its robotic workforce. As industries increasingly seek to automate mundane tasks, Ati Motors positions itself as a leader in providing innovative solutions that free human workers from repetitive duties.

Key People

Saurabh Chandra

Saad Nasser

Vinay V

Key Metrics

Total Equity Funding

$35.4Million

No. of Funding Rounds

4

Latest Funding Round

$20.0Million, Series B

as of December 19, 2024

Post Money Valuation

-

as of N/A

Funding Multiple

2.70

as of N/A

Investors

NGP Capital

and 4 more

Employee Count

126

Similar Companies

Neuralzome

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 19, 2024Series B$20.0Million---Walden Catalyst, NGP Capital, True Ventures, Exfinity Venture Partners, Athera, Blume Ventures
June 5, 2023 Series A$10.8Million--- True Ventures, Athera, Blume Ventures, Exfinity Venture Partners, MFV Partners
July 14, 2021Seed$3.5Million---Blume Ventures, Exfinity Venture Partners, MFV Partners
September 22, 2017Seed$1.1MillionVillage Global

Recent News