Calgary-based robotics startup ATTAbotics Inc. and its U.S. subsidiary filed a Notice of Intention (NOI) to make a proposal under the Bankruptcy and Insolvency Act on July 2, 2025 declaring approximately $73.5 million in liabilities, including $46.3 million owed to Export Development Canada (EDC). The filing comes after the early-stage firm, which developed the world’s first 3D robotics supply chain management system, saw a steep revenue decline to $3 million in 2024 from $11.4 million in 2022, and mounting annual losses that reached $49.5 million. Founded in 2016, ATTAbotics had raised about $220 million from 2019 to 2022, primarily through EDC and the Ontario Teachers’ Pension Plan Board’s Teachers’ Venture Growth. At its peak, it employed roughly 200 staff and had invested $20 million in a Calgary manufacturing facility. The downturn, attributed to higher interest rates, consumer pullback, and supply chain challenges, eroded gross margins and cut off access to further capital. Now operating with only 11 remaining employees, the NOI aims to preserve minimal functions while pursuing a going concern solution. EDC will provide debtor-in-possession (DIP) financing to support the process.

Legal counsel includes Osler for the companies, McMillan for the proposal trustee Richter, Norton Rose Fulbright for EDC, and Cassels for BDC. At the time of filing, the reported liabilities of US$73.5 million equated to approximately C$101 million.