Attabotics lays off staff as robotic storage provider files for bankruptcy - The Robot Report

Attabotics Inc., a Calgary-based provider of automated storage and retrieval systems (ASRS) inspired by ant colonies, has laid off most of its approximately 200 employees and filed for bankruptcy protection. Founded in 2016, the company developed hardware and AI-driven software, including its FulfillAI platform launched in March 2025, which aimed to improve warehouse fulfillment efficiency by reducing robot numbers and increasing throughput. Despite raising over $194 million in funding across multiple rounds and securing notable customers like Tesco, Attabotics struggled financially, reporting a net loss of nearly CAD 50 million ($36 million USD) in 2024 amid challenges such as rising interest rates, slower consumer spending, and project delays. The company’s financial difficulties culminated in a failed Series D funding round and a rejected $20 million bridge loan request from Export Development Canada (EDC) and the Ontario Teacher’s Fund. Attabotics’ bankruptcy filings reveal $32 million in assets, including 160 patents, against liabilities