Ati Motors

Bengaluru, India Founded: 2017 • Age: 9 yrs
Autonomous mobile robots are manufactured for material handling and logistics.
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About Ati Motors

Ati Motors is a company based in Bengaluru (India) founded in 2017 by Vinay V, Saurabh Chandra, and Saad Nasser.. Ati Motors has raised $35.48 million across 5 funding rounds from investors including LetsVenture, Athera Venture Partners and Exfinity Venture Partners. Ati Motors offers products and services including Sherpa Tug, Sherpa Lite, Sherpa Pivot, Sherpa Lifter, and Sherpa Pallet Mover. Ati Motors operates in a competitive market with competitors including GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.

  • Headquarter Bengaluru, India
  • Founders Vinay V, Saurabh Chandra, Saad Nasser
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Technology Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Technology → Marketing, Adtech & Commerce Technology
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $35.48 M (USD)

    in 5 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Dec 19, 2024

  • Investors
    LetsVenture

    & 10 more

  • Employee Count
    Employee Count
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Products & Services of Ati Motors

Ati Motors offers a comprehensive portfolio of products and services, including Sherpa Tug, Sherpa Lite, Sherpa Pivot, Sherpa Lifter, and Sherpa Pallet Mover. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Heavy-duty robot for tugging trolleys up to 1000 kg payloads.

Lightweight robot for carrying up to 200 kg indoors and outdoors.

Robot for precise docking and material moving tasks.

Lifting robot for conveyor and pallet applications up to 1500 kg.

Robot for reliable pallet handling with in-place turning.

Platform for AMR fleet planning and diagnostics.

People of Ati Motors
Headcount 1-10
Employee Profiles 34
Employee Profiles
People
Karthigeyan Ganesh Shankar
Lead Engineer (autonomy)
People
Rajvardhan Deep Uprety
Principal Engineer
People
Rengarajan Seshadri
VP, Customer Experience
People
Rob Schlotta
Sr. Sales Executive

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Funding Insights of Ati Motors

Ati Motors has successfully raised a total of $35.48M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series B — $20.0M
  • First Round

    (22 Sep 2017)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2024 Amount Series B - Ati Motors Valuation Walden Catalyst , NGP Capital
Jun, 2023 Amount Series A - Ati Motors Valuation True Ventures
Jul, 2021 Amount Seed - Ati Motors Valuation Blume Ventures , Exfinity Venture Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ati Motors

Ati Motors has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include LetsVenture, Athera Venture Partners and Exfinity Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided to deep-tech startups.
Founded Year Domain Location
Venture capital firm focused on B2B companies
Founded Year Domain Location
Venture capital firm supporting AI founders through investments and community.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ati Motors

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ati Motors

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ati Motors Comparisons

Employees
+
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Competitors of Ati Motors

Ati Motors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI and SaaS-based robots for warehouse automation are provided.
domain founded_year HQ Location
AI and cloud-driven automation is delivered for warehouse material handling.
domain founded_year HQ Location
AI-enabled robotic grippers for object picking are provided.
domain founded_year HQ Location
Provider of a pick and place robot for e-commerce applications
domain founded_year HQ Location
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
domain founded_year HQ Location
Automated robotic solutions are provided for warehouse operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ati Motors

Frequently Asked Questions about Ati Motors

When was Ati Motors founded?

Ati Motors was founded in 2017.

Where is Ati Motors located?

Ati Motors is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Ati Motors?

Saurabh Chandra is the current CEO of Ati Motors. They have also founded this company.

Is Ati Motors a funded company?

Ati Motors is a funded company, having raised a total of $35.48M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Sep 22, 2017.

What does Ati Motors do?

Ati Motors was founded in 2017 in Bengaluru, India, focusing on the robotics sector. Autonomous mobile robots are produced for material handling and logistics applications. These robots are integrated into existing workspaces and workflows without requiring infrastructure modifications. Operations are supported indoors and outdoors, alongside legacy robotic systems, with safety certifications applied. Various models are offered, including those for tugging, lifting, and pallet moving.

Who are the top competitors of Ati Motors?

Ati Motors's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.

What products or services does Ati Motors offer?

Ati Motors offers Sherpa Tug, Sherpa Lite, Sherpa Pivot, Sherpa Lifter, and 2 more products and services.

Who are Ati Motors's investors?

Ati Motors has 11 investors. Key investors include LetsVenture, Athera Venture Partners, Exfinity Venture Partners, Walden Catalyst, and NGP Capital.

What is Ati Motors's valuation?

The valuation of Ati Motors is $3.83M as of Sep 2017.

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