Cheung brings complete monetary and operational expertise from NASDAQ and TSX-V listed public entities
CALGARY, Alberta, September 13, 2022–(BUSINESS WIRE)–Attabotics, the world’s first 3D provide chain system for trendy commerce, at this time introduced the appointment of Richard Cheung as the firm’s Chief Financial Officer (CFO). Cheung will lead the finance and administrative staff at Attabotics as it embarks on its journey to scale the enterprise.
Most not too long ago, Cheung was the CFO at a privately held e-commerce platform for channel companions, which offers SaaS productiveness and digital advertising and marketing options to small and medium sized companies. During Cheung’s tenure, the firm raised $160 million, accomplished its first two acquisitions, and achieved 250%+ income progress whereas increasing from a 250 particular person North American enterprise to a world group with greater than 700 staff.
Cheung additionally served as CFO at GeoComply Solutions, Inc, a fraud prevention and cybersecurity answer gaming firm and TIO Networks Corp, a fintech firm acquired by PayPal, Inc. in 2017. He additionally served as CFO at Electric Mail, an e-mail internet hosting and safety firm, which was acquired by j2 Global, Inc. in 2004.
“Richard is a seasoned finance government with a deep understanding of the know-how business,” mentioned Scott Gravelle, founder and CEO of Attabotics. “He’ll be an important a part of Attabotics’ progress story throughout the upcoming yr and past as we proceed to advance our operations and staff worldwide.”
Founded in 2016, Attabotics’ all-in-one success system condenses typical warehouse area by making a single, vertical storage construction that makes use of 3D robotic shuttles internally to retailer and choose items for staff on the exterior perimeter to ship. This distinctive structure maximizes the flexibility and pace of warehouse processes whereas sustaining a cheap and eco-friendly methodology. As client expectations proceed to extend at unprecedented ranges, Attabotics helps clients throughout a number of industries, together with retail, grocery and infrastructure, regulate to that surge whereas concurrently providing an answer to the warehouse labor scarcity.
“Attabotics has actually revolutionary applied sciences that may remodel conventional legacy provide chain methods. Most warehouses deploy antiquated infrastructure that isn’t environment friendly from a value or buyer perspective, however that is altering quickly,” mentioned Cheung. “I’m excited to be becoming a member of a staff of visionaries which can be got down to reinvent the provide chain for trendy commerce.”
Attabotics is the world’s first 3D robotics provide chain system for trendy commerce. Inspired by the framework of ant colonies, Attabotics replaces the rows and aisles of conventional success facilities with a patented storage construction and robotics shuttles that make the most of each horizontal and vertical area, lowering the firm’s warehouse wants by 85 p.c. By empowering retailers to put success facilities close to high-density city areas, Attabotics helps create jobs and reduce carbon emissions by closing the last-mile supply hole. Attabotics has been adopted by main manufacturers and different retailers throughout attire, meals and beverage and residential items. Attabotics is predicated in Calgary, Alberta, Canada with success facilities throughout the United States and Canada.
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