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OTTO Motors

250 employees

OTTO Motors provides self-driving vehicles for safe and efficient material transport inside factories and warehouses.

Basic info

Industry

automation machinery manufacturing

Sectors

Industrial Automation
supply chain
IIoT
robotics
logistics
Industry 4.0
warehouse
Automotive
Robotics
transportation
automation
Autonomous Vehicles
material handling
manufacturing

Date founded

2015

Funding rounds raised

Total raised

$30M

from 10 investors over 10 rounds

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OTTO Motors raised $29M on June 1, 2020

Investors: Inovia Capital, Kensington Capital Partners Limited, BMO Capital Markets and Export Development Canada | Exportation et développement Canada

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OTTO Motors raised undisclosed on October 19, 2017

Investors: Ontario Centres of Excellence

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OTTO Motors raised $30M on October 5, 2016

Investors: Hedgewood Properties Inc, GE Ventures, Inovia Capital and Eclipse Ventures

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OTTO Motors raised $11M on March 18, 2015

Investors: Inovia Capital

FAQ