On July 30, 2019, Attabotics, an industrial automation startup, completed its $25 million Series B financing, with participation from Coatue, Comcast Ventures and Honeywell alongside returning early investors early-stage VC firm Forerunner Ventures as well as Werklund Growth Fund. The capital will help the startup grow its team, scale its manufacturing operations, as well as develop new technologies to help towards its goal of changing the supply chain industry.
Attabotics is a Calgary-based company that is developing robot-centric storage and retrieval systems that reduce e-commerce warehousing and fulfillment costs.
Coatue Management L.L.C. is a global investment manager focused on public and private companies in the technology, media and telecommunications industries.
Osler, Hoskin & Harcourt LLP advised Coatue Management L.L.C. with a team consisting of Chad Bayne, David Jamieson, Alana McElhinney and Isaac da Silva Aboo (Emerging and High Growth Companies).