Breaking
Ati Motors raises $20M Series B for global robot workforce 500,000+ autonomous kilometers logged by Sherpa robots 2M+ missions completed at 99% success rate Deployed at 50+ plants - ~30% Fortune 500 Customers include Hyundai, Bosch, Forvia, Airbus & Daimler North American HQ expanding near Detroit, MI Ati Motors raises $20M Series B for global robot workforce 500,000+ autonomous kilometers logged by Sherpa robots 2M+ missions completed at 99% success rate Deployed at 50+ plants - ~30% Fortune 500 Customers include Hyundai, Bosch, Forvia, Airbus & Daimler North American HQ expanding near Detroit, MI
Company Profile Industrial Robotics Est. 2017

The Robots Quietly Moving the World's Factory Floors

Ati Motors builds Sherpa autonomous mobile robots that haul material through factories using 3D lidar and AI - no magnetic tape, no fixed rails, just self-driving smarts pointed at manufacturing's least glamorous job.

Series B - $20M Bengaluru + Detroit ~280 Employees AMR · AI · Hardware

ATI MOTORS. A Sherpa autonomous mobile robot threads a live factory aisle, tugging trolleys that legacy guided vehicles could never follow off their painted lines. Founded in a Bengaluru workshop in 2017, the company now runs robots on three continents. — profile, July 2026

500K+
Autonomous KM
50+
Factories
2M+
Missions Run
99%
Success Rate

The Sherpa on the Shop Floor

On a working factory floor, the most valuable robot is rarely the one in the promotional video. It is the one nobody notices - the machine that shows up, picks up a heavy load, and carries it to the next station without a person watching. That is the job Ati Motors set out to do, and it has spent since 2017 doing it in plants that never stop running.

Ati Motors is an industrial robotics company built around a family of autonomous mobile robots called Sherpa. Where an older automated guided vehicle (AGV) follows a strip of magnetic tape or a buried wire, Sherpa robots navigate on their own. They combine tires and suspension with 3D lidar, high-precision mapping and AI - the same broad principles that guide self-driving cars - and apply them to the unglamorous work of moving material from point A to point B inside a factory.

The distinction matters more than it sounds. Tape-guided vehicles are confined to straight lines and predictable grids. They cannot easily go outdoors, cross between buildings, or adapt when a pallet is left in the aisle. Ati's robots can. That freedom is what lets the company sell into messy, real manufacturing environments rather than the tidy demo floors where many robots look good and few survive.

What the company actually does

Ati designs, builds and deploys fleets of Sherpa robots, then layers software on top to coordinate them. The hardware spans several models - from bin and pallet movers to the flagship Sherpa Tug, which can haul trolley payloads up to roughly 10,000 pounds (about 4,600 kg) between precise points, indoors or out. On top of the robots sits what Ati calls "agentic material orchestration": software that treats a plant's robots less like individual tools and more like a coordinated workforce, planning missions and routing traffic across the shop floor.

"This funding will accelerate our ability to leverage our extensive real-world dataset to develop next-generation AI models." Saurabh Chandra, Founder & CEO, Ati Motors

Who buys it - and the problem it solves

Ati's customers are large manufacturers, the kind that run automotive lines, aerospace plants, appliance factories and heavy-industrial operations. The company reports deployments across 50 to 70-plus facilities, with roughly 30% of its customers being Fortune 500 companies. Named users include Hyundai, Bosch, Forvia, Daimler, Airbus, Autoliv, Cummins, Toyota Tsusho, Harley-Davidson, Samsung, Electrolux and Pirelli.

The underlying problem is old and expensive: factories spend enormous labor moving things internally - carts of parts, pallets of components, bins of work-in-progress. It is repetitive, physically taxing, and increasingly hard to staff. Ati's pitch is that a robot can absorb that work, run it reliably around the clock, and free people for tasks that need judgment. The economics are the closing argument: the company cites an average deployment time of around four weeks and a payback period of under six months.

How it is different

Three things separate Ati from both legacy AGV vendors and newer AMR rivals. First is the outdoor-and-indoor capability - the ability to drive between buildings in real conditions, not just on smooth interior floors. Second is scale of real-world data: the flagship Sherpa Tug alone has logged more than 500,000 autonomous kilometers, and the fleet has completed over two million missions at a reported 99% success rate. Every one of those kilometers feeds the AI models that make the next robot better, a dataset competitors cannot simply buy. Third is engineering origin - Ati is a deep-tech company designed and built in Bengaluru, exporting robots rather than services to global manufacturing.

"Ati's unique combination of advanced AI capabilities and robotics positions them to lead industrial automation." Shankar Chandran, Partner, Walden Catalyst Ventures

The founding, and a hard turn

Ati Motors was founded in 2017 by Saurabh Chandra, V. Vinay and Saad Nasser. Vinay is a CV Raman Award winner and an IISc computer-science academic; Nasser is an Intel IRIS award winner; Chandra brought the business side. The company's earliest blog post described it simply as "a rogue startup in Bangalore." The first Sherpa robot launched in 2019.

Building a company is rarely a straight line. In 2022, a difference of opinion over the venture's direction led Vinay and Nasser to leave, with Saurabh Chandra continuing as CEO. The company kept shipping. By late 2024 it reported that its order book had tripled in a single quarter and that it had added nine new industry-leading clients - momentum that set up its next raise.

The money and the map

In January 2025, Ati announced a $20 million Series B led by Walden Catalyst Ventures and NGP Capital, with participation from existing backers True Ventures, Exfinity Venture Partners, Athera Venture Partners and Blume Ventures. It followed a $10.85 million Series A led by True Ventures in 2023 and brought reported cumulative funding into the tens of millions. The plan for the money is geographic: expand across North America and APAC, deepen the product line, and turn the growing pile of real-world driving data into better AI.

That expansion has a physical address. Ati has been building out a North American headquarters in the Detroit, Michigan area - the heart of American automotive manufacturing - and established operations in Mexico, alongside its bases in India, the US and Southeast Asia. It is a deliberate bet that the demand for factory automation is global, and that a robot proven in Indian and Asian plants can compete on the floor in Detroit and Toulouse.

Where it fits in the market

Ati sits in the intralogistics and autonomous-mobile-robot segment, competing with the likes of MiR, OTTO Motors, Locus Robotics, Vecna Robotics and a long tail of traditional AGV suppliers - while positioning itself against the legacy tape-guided systems it aims to replace. Its wedge is reliability at industrial scale in demanding, mixed indoor-outdoor environments, backed by a data moat that compounds with every mission. In a field crowded with flashy humanoids and demo-day spectacle, Ati made the opposite bet: the boring robot that just works, sold to the customers who will pay for it today.

"A rogue startup in Bangalore" that grew into a robot workforce running on the floors of the Fortune 500.

— From the company's earliest blog post, 2017

One Family, Many Loads

2019

Sherpa Tug

Flagship high-payload tugger hauling trolleys up to ~10,000 lbs indoors and outdoors, navigating with 3D lidar and no fixed paths.

2022

Sherpa Pallet Mover

Autonomous electric robot that lifts and moves pallets and tows trolleys with loads up to ~1,500 kg for line-side logistics.

2021

Sherpa Bin Mover

Compact AMR built to shuttle bins and totes across the shop floor as part of the Sherpa family.

2022

Lifting & Handling

Lifting-platform robots for load transfer and handling tasks in demanding manufacturing environments.

2024

Ativerse / Ati Flow

AI-driven orchestration software that coordinates the robot fleet, shop-floor data and mission planning across a plant.

Traction, Visualized

Fortune 500 customer mix~30%
Mission success rate99%
Deployment time (vs. 12-wk norm)~4 wks
Payback (vs. 12-mo norm)<6 mo

Funding History

  • Early / Seed Undisclosed
  • Series A (2023) $10.85M
  • Series B (2025) $20M
  • Reported total ~$54M

Backers: True Ventures, NGP Capital, Walden Catalyst, Blume, Exfinity, Athera.

Who Runs Sherpa Robots

Hyundai
Bosch
Forvia
Daimler
Airbus
Autoliv
Cummins
Toyota Tsusho
Harley-Davidson
Samsung
Electrolux
Pirelli

Milestones

2017

Founded in Bengaluru

Saurabh Chandra, V. Vinay and Saad Nasser start Ati to automate factory material movement.

2019

First Sherpa robot ships

Ati launches its first autonomous mobile robot for industrial material handling.

2022

Leadership transition

Co-founders Vinay and Nasser depart over strategic direction; Chandra continues as CEO.

2023

$10.85M Series A

True Ventures leads a round to scale the Sherpa line and expand deployments.

2024

Order book triples

Q4 2024 brings a tripled order book and nine new industry-leading clients.

2025

$20M Series B

Walden Catalyst and NGP Capital lead a raise for North America and APAC expansion; Detroit HQ grows.

FAQ

What does Ati Motors make?

It builds autonomous mobile robots - the Sherpa family - that move material such as trolleys, pallets and bins around factories and warehouses using 3D lidar, mapping and AI, without magnetic tape or fixed guide-paths.

Who founded Ati Motors and when?

It was founded in Bengaluru in 2017 by Saurabh Chandra, V. Vinay and Saad Nasser. Vinay and Nasser left in 2022, and Saurabh Chandra is the CEO.

How much funding has Ati Motors raised?

Ati raised a $20M Series B in January 2025 led by Walden Catalyst Ventures and NGP Capital, following a $10.85M Series A in 2023, for a reported cumulative total of roughly $54M.

Who are Ati Motors' customers?

Manufacturers across automotive, industrial, aerospace and appliances - roughly 30% Fortune 500 - including Hyundai, Bosch, Forvia, Daimler, Airbus, Autoliv, Cummins and others across 50-70+ plants worldwide.

How is it different from a traditional AGV?

Legacy AGVs follow fixed magnetic tape or wires; Ati's Sherpa robots navigate freely with 3D lidar and AI, handle outdoor terrain between buildings, and typically deploy in about four weeks with a reported sub-six-month payback.