Autonomous industrial vehicle maker Ati Motors raises $3.5-M from Blume Ventures, Exfinity, others

Bengaluru-based all-electric autonomous industrial vehicle maker Ati Motors has raised USD 3.5 million (about INR 26.12 crore) in a funding round led by Blume Ventures and Exfinity Venture Partners. MFV Partners and a syndicate on LetsVenture led by Livspace founder Ramakant Sharma also participated in the round. The pre-Series A funding will be used to manufacture and deploy a large fleet of autonomous vehicles in factories and warehouses, in both domestic and global markets. Ati Motors is a full-stack autonomous platform for material movement in industrial environments.