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India’s Ati Motors raises $20m series B

Ati Motors, a robotics company based in India, has raised US$20 million in series B funding.

The investment round was co-led by Walden Catalyst Ventures and NGP Capital, with participation from existing investors True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures.

The company has deployed its Sherpa robots in 40 manufacturing facilities worldwide, including clients such as Forvia and Hyundai.

The newly acquired capital will support the expansion of Ati Motors’ operations, specifically focusing on improving its AI models and advancing its industrial automation technologies.

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