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Locus Robotics announced it raised $117 Million in an initial filing from an offering of $125 Million

Nov 30, 2022over 2 years ago

Amount Raised

$117 Million

WilmingtonRoboticsSoftwareIndustrial Automation

Company Information

Company

Locus Robotics

Location

301 Ballardvale Street

Wilmington, Massachusetts, United States

About

Locus Robotics is the world leader in revolutionary, enterprise-level, warehouse automation solution, incorporating powerful and intelligent autonomous mobile robots (AMRs) that operate collaboratively with human workers to dramatically improve product movement and productivity 2–3X. Named to the Inc. 500 three years in a row, and winning over 25 industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, lowers operational costs, and improves workplace quality, safety, and ergonomics for workers.

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