Calgary startup raised more than $200-million CAD from institutional and government sources in its lifetime.
Calgary-based robotics startup Attabotics has closed its doors and filed a notice of intention (NOI) to make a proposal under the Bankruptcy and Insolvency Act.
An NOI for both its Canadian and American operations, dated July 2, was posted on the website of its trustee, business consulting firm Richter. An NOI does not necessarily mean a company has filed for bankruptcy or is in receivership, but alerts creditors to financial difficulties and grants a stay on claims and proceedings in order to craft a proposal to creditors with a trustee’s assistance.
Attabotics had found…