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Ati Motors Raises $20M Series B for Global Expansion of its AI-Powered Robotics Workforce

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2 years ago

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Walden Catalyst Ventures and NGP Capital Lead Investment to Fuel Ati Motors Global Expansion Across North America and APAC.

SAN FRANCISCO and BENGALURU, India, Jan. 23, 2025 /PRNewswire/ — Ati Motors, a leader in AI and autonomous robotics, today announced a $20 million Series B investment led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP) with participation from current investors including True Ventures, Exfinity Venture Partners, Athera Venture Partners and Blume Ventures. The funding comes on the heels of Ati Motors exceptional performance, marked by a tripled order book in Q4 2024 and the addition of nine industry leading clients.

Ati Motors expertise in robotics, artificial intelligence, and manufacturing, is revolutionizing how the industrial sector approaches automation. It has deployed hundreds of its Sherpa robots across 40 leading manufacturers (30% Fortune 500), including Forvia and Hyundai with multiple scaled deployments in North America.

The capital will enable the company to accelerate the development and deployment of its robotic workforce, which leverages one of the largest and most diverse factory datasets for autonomous movement. Ati Motors autonomous robots have been deployed globally in dynamic and complex manufacturing environments, delivering industry-leading uptime and helping customers achieve exceptional productivity gains.

Manufacturers around the world are keen to adopt robots as part of their workforce given that people no longer want to put up with dull, dirty and dangerous tasks. However, the adoption has been constrained by availability of robots that perform as well as people in real world scenarios. Solving this gap has been Ati Motors’ success.

“Since our founding, Ati Motors mission has been to create advanced, reliable products that enhance both productivity and efficiency in industrial settings,” said Saurabh Chandra, Founder and CEO of Ati Motors. “This funding will accelerate our ability to leverage our extensive real-world dataset to develop next-generation AI models and further advance our industrial autonomy platform. The rapid growth we’re experiencing validates our approach of focusing on manufacturing as a vertical and conceptualising these robots as purpose-built self-driving vehicles.”

“Ati Motors represents the future of industrial automation,” said Shankar Chandran, Partner at Walden Catalyst Ventures. “Their unique combination of advanced AI capabilities and robotics, along with a deep understanding of manufacturing environments, positions them perfectly to lead the next wave of industrial automation. The impressive growth they’ve achieved validates their approach and demonstrates the strong market demand for their solutions.”

“We’re excited to co-lead this investment in Ati Motors,” said Upal Basu at NGP Capital. “The company’s ability to successfully deploy fully autonomous mobile robots across diverse industrial environments, combined with their rapidly growing customer base, makes them a standout in the industrial automation space. We believe their unique approach to combining Edge AI, LIDAR, and robotics will help address a critical need in the manufacturing sector.”

The funding will be used to accelerate product development, expand Ati Motors market presence both in North America and APAC, and strengthen its position as a leading provider of industrial automation solutions at the intersection of AI and robotics. The company recently established operations in Mexico and has strengthened its presence across US, India and Southeast Asia. The company is currently expanding its North America headquarters in Detroit, MI.

Media kit: https://drive.google.com/drive/folders/1UUxwax7T_c5eN6BOaAawJ_A4Fqz_1Mw9

YouTube link: Ati Motors – Sherpa Product Portfolio

Recommended press release photo: Ati Product Portfolio.jpg

Or Ati Product Portfolio Transparent.png

About Ati Motors

Ati Motors is a leading autonomous mobile robot manufacturer, revolutionizing industries with AI-powered robotics inspired by self-driving cars. Specializing in manufacturing facilities, Ati’s product range includes Tugs, Bin Movers, Pallet Movers, and Lifting Platforms. Their flagship Sherpa Tug, featuring 3D navigation and outdoor capabilities, has logged over 500,000 kilometers across 50+ factories. Serving global leaders in automotive, appliances, aerospace, and electronics sectors, Ati Motors has secured over $37M in funding.

About Walden Catalyst Ventures

Walden Catalyst is a venture capital firm helping early-stage companies in the U.S., Europe, and Israel build the next generation of category-defining businesses in deep-tech. The firm is led by Young Sohn and Lip-Bu Tan, deep-tech industry pioneers who between them have invested in more than 600 startups across the globe, of which 138 have gone on to IPO. Walden Catalyst is focused on deep-tech investments and their team of innovators and entrepreneurs are passionate about disruptive technologies and committed to excellence. This translates into unparalleled access to operational expertise, global reach, and a network of industry captains eager to help build and scale the companies of the future.

About NGP Capital

NGP Capital backs early-stage B2B companies from Series A onwards in the U.S., and Europe,  within enterprise software, industrial tech, cybersecurity, and infrastructure. Through its $400m fifth fund launched in 2022, NGP Capital invests in companies driving the convergence of the physical and virtual. Founded in 2005, NGP Capital has over $1.6B in AUM and has invested in over 100 companies of which 18 became unicorns and 11 went on to IPO.

Photo: https://mma.prnewswire.com/media/2603744/Saurabh_Chandra_Founder_CEO__Ati_Motors.jpg
Logo: https://mma.prnewswire.com/media/2603776/Ati_Motors_Logo.jpg

 

 

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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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6 hours ago

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October 24, 2026

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

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SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

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SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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7 hours ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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