Locus Robotics Announces $40 Million Series D Investment

Jun 02, 2020•about 5 years ago

Amount Raised

$40 Million

Round Type

series d

Wilmington

Description

Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised more than $40 million in Series D funding led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round.

Company Information

Company

Locus Robotics

Location

Wilmington, Delaware, United States

About

Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece-handling productivity 2X-3X, with less labor compared to traditional picking systems. This award-winning solution helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments, easily integrating into existing warehouse infrastructures without disrupting workflows, instantly transforming productivity without transforming the warehouse. For more information, visit www.locusrobotics.com.

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