Ati Motors secures $10.85M Series A funding for industrial robots

Evidence notes

• True Ventures led the round, with Althera Venture Partners joining existing investors Blume Ventures, Exfinity Ventures, and MFV Partners.
• The company said the capital would accelerate development and deployment of its autonomous mobile robots for warehouses and industrial environments.
• The funding was announced alongside a product launch event that showcased new AMR models including Sherpa Tug v4 and Sherpa Pivot.