Calgary-based warehouse robotics startup Attabotics Inc. is preparing to file for bankruptcy protection under the Canadian Bankruptcy and Insolvency Act, having run out of cash despite raising nearly $200 million from investors and receiving $34 million from the federal government. The company, founded in 2015 by Scott Gravelle, reportedly filed a notice of intention on June 30 and has laid off a mass number of employees.
Attabotics set to file for bankruptcy protection: source
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TL;DR: Key points with love ❤️Calgary-based warehouse robotics startup Attabotics Inc. is preparing to file for bankruptcy protection under the Canadian Bankruptcy and Insolvency Act, having run out of cash despite raising nearly $200 million from investors and receiving $34 million from the federal government. The company, founded in 2015 by Scott Gravelle, reportedly filed a notice of intention on June 30 and has laid off a mass number of employees.
Trending- 1 2015: Company founded
- 2 2020: Received $34 million from the federal government's Strategic Innovation Fund
- 3 March 2023: Warehouse fire at Canadian Tire site
- 4 Earlier this year: Settled lawsuit against Canadian Tire
- 5 June 30: Filed notice of intention to make a proposal under the Canadian Bankruptcy and Insolvency Act
- Attabotics Inc. is facing bankruptcy
- Mass layoffs of employees
- Uncertainty for customers and investors
What: Calgary warehouse robotics startup Attabotics Inc. is filing for bankruptcy protection.
When: Notice of intention filed on June 30 (2025).
Where: Calgary, Alberta, Canada.
Why: The company ran out of cash, burning several million dollars a month, despite significant investments and government funding.
How: By preparing to file for protection under the Canadian Bankruptcy and Insolvency Act, and reportedly filing a notice of intention to make a proposal.