ROBOTNESS
United States—Growth

Locus Robotics

Massachusetts maker of autonomous mobile robots and the LocusONE platform that coordinates warehouse workers and robot fleets for picking, putaway and transport.

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About

Locus Robotics Corp. was incorporated in Delaware in 2015, according to its SEC Form D filings, and is based in Wilmington, Massachusetts. It sells autonomous mobile robots in several models, including Origin, Vector and Array, together with LocusONE, a platform that coordinates people and robots for picking, putaway, transport and mezzanine work in warehouses run by third-party logistics, retail, healthcare and industrial customers. In February 2021 the company announced a $150 million Series E led by Tiger Global Management and BOND, with Scale Venture Partners and Prologis Ventures, and said it brought its valuation to $1 billion. In November 2022 it announced a $117 million Series F led by Goldman Sachs Asset Management and G2 Venture Partners, which it said brought its valuation close to $2 billion; at the time it reported more than 230 sites under contract and an average of more than 3 million picks a day. SEC Form D filings also show $40.9 million sold in an equity offering filed in May 2020 and $50.0 million sold to two investors in an offering filed in September 2021.

Key stats
Latest funding
$117M Series F
Total funding
$358M
Last disclosed valuation
$1B
Founded
2015
Country
United States
Latest roundsAll rounds