3 days ago
Financial Post Calgary-based robotics company Attabotics files for bankruptcy protection
Attabotics Inc., a Calgary-based robotics and automation startup, has filed for bankruptcy protection, according to multiple reports.
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The company, founded in 2016 by CEO Scott Gravelle, designs and manufactures an automated storage and retrieval system, using robotics.
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Attabotics reportedly had more than 300 employees, including about 250 in Calgary as of 2022. It is unclear how many, if any, of the tech company's hundreds of employees will keep their roles.
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'Unless you have been spoken to directly about alternate arrangements to maintain your employment, this means that your employment will terminate effective June 30, 2025,' read the notice to staff.
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However, a bankruptcy and insolvency records search conducted by Postmedia on Wednesday did not reveal any document results for Attabotics.
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The staff notice said employees would not be permitted on the premises as of Monday.
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'On behalf of the Company, we take this opportunity to thank you for your contributions. We wish you success in your future endeavours,' read the notice.
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Numerous posts about the situation surfaced on social media, some from former employees. Many had listed their profiles as 'Open to Work.'
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Gravelle's LinkedIn bio read 'Recovering visionary. Taking a long-deserved break' as of Wednesday, although he was still listed as the company's CEO.
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Over the years, Attabotics amassed hundreds of millions in investment, $4.5 million of which was awarded through the Opportunity Calgary Investment Fund in 2018. The City of Calgary-led program is stewarded by Calgary Economic Development.
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The company has also received funding from the federal government and several private entities.
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