Calgary robotics startup Attabotics, once hailed as a supply chain innovator, has entered bankruptcy protection after raising $200 million and securing clients like Nordstrom and Canadian Tire. The company’s cube-shaped warehouse system, inspired by ant colonies, attracted major investors including Honeywell and Ontario Teachers’ Pension Plan.
But persistent technical failures—including three fires—crippled operations, fueled lawsuits, and strained customer relations. Revenues plunged from $11.4 million in 2022 to $3 million in 2024, while losses ballooned to nearly $50 million. With 192 staff laid off in July, Attabotics is now seeking buyers for its intellectual property.
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