Locus Robotics

Locus Robotics is a leader in autonomous mobile robots (AMR) for fulfillment and distribution warehouses.

Locus Robotics designs and builds innovative autonomous mobile robots that work collaboratively alongside workers in the fast paced logistics and fulfillment industries.

Locus Robotics was founded in 2014 by Bruce Welty. The company is headquartered in Wilmington, Massachusetts, with EMEA presence is centrally located in Amsterdam, with APAC presence located in Singapore.

 

Locus helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments. The Locus warehouse execution platform disrupts large-scale warehouse fulfillment and distribution with an industry-leading, intelligent, and dynamically scalable robotics-driven solution.

 

Locus' The LocusEmpower(TM) system easily integrates into existing warehouse infrastructure without reconfiguring or disrupting workflows or infrastucture. The Locus system delivers unparalleled flexibility in moving inventory and orders through a fulfillment center.

 

Locus counts more than 90 customers worldwide, including CEVA Logistics, DHL, Material Bank, Boots UK, GEODIS, Ryder, Verst Logistics, Radial, and others. In September 2022, Locus reached a major milestone with its industry-first 1 billionth pick

 

Locus is backed by Goldman Sachs Asset Management, Tiger Global, Scale Venture Partners, G2 Venture Partners, BOND, Next47, Silicon Valley Bank, Zebra Ventures, Stack Capital Group, Stafford Capital Partners, HESTA, and others. The company raised $117M in Series F round on Nov 29, 2022. This brings Locus' total funding to $422.6M to date. The latest round valued the company at nearly $2B post-money. Locus was previously valued at $1B in Feb 2021.

 

 

  • Year founded: 2014
  • Funding Info: $422.6M over 7 Rounds (Latest Funding Type: Series F)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at nearly $2B as of Nov 29, 2022
  • City/Town: Wilmington
  • State: Massachusetts
  • Country: United States
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