Locus Robotics is a leading enterprise-level warehouse automation solution provider that utilizes autonomous mobile robots (AMRs) to enhance product movement and productivity by 2–3X through collaborative operation with human workers. The company, established in 2014 and headquartered in the United States, has garnered recognition with its consecutive inclusion in the Inc. 500 and attainment of over 25 industry and technology awards. With a clientele boasting more than 120 top brands and a presence at 300+ sites globally, Locus Robotics enables retailers, 3PLs, and specialty warehouses to meet and surpass the increasingly complex demands of modern fulfillment environments. The company raised a significant $117.00M Series F investment on 29 November 2022, backed by a consortium of notable investors including Hercules Capital, Next47, Scale Venture Partners, HESTA, SuRo Capital, Stack Capital, Stafford Capital Partners, Silicon Valley Bank, Newton Investment Management, and Gray’s Creek Capital Partners.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series F | $117.00M | 10 | Silicon Valley Bank, Newton Investment Management +1 | 29 Nov 2022 |
Series E | $50.00M | 1 | 14 Sep 2021 | |
Series E | $150.00M | 4 | 17 Feb 2021 | |
Series D | $40.00M | 2 | 02 Jun 2020 | |
Series C | $26.00M | 2 | 22 Apr 2019 |