Attabotics CEO on devastating week that brought bankruptcy

by bcantrillon 7/7/25, 1:02 AMwith 6 comments
by Noumenon72on 7/7/25, 1:51 AM

I don't consider this article to contain any information from the CEO's interview other than "yeah, we're bankrupt". It also confusingly transitions into an ad and signup appeal for an innovations award ceremony.

by SoftTalkeron 7/7/25, 1:52 AM

"The EDC agreed to approach the Ontario Teachers' Pension Plan, an early backer of Attabotics, about investing again."

Pension plan investing in a startup? Is this common? I would have expected them to be much more risk-averse.

by fracuson 7/7/25, 1:56 AM

The EDC agreed to help find funding, then reported back that they tried and failed, and then put the company into bankruptcy and took over the company for pennies on the dollar. I wonder how sincere their help was.