Locus Robotics Raises $25 Million for Logistics-Focused Warehouse Robots

Published by , November 27, 2017 1:29 pm

(RoboticsBusinessReview) Mobile robot provider Locus Robotics said that it has raised $25 million in Series B funding. Scale Venture Partners (ScaleVP) led the funding round. “Locus Robotics’ collaborative robots allow warehouse operators to significantly increase worker productivity while economically closing the growing labor gap,” said Rick Faulk, CEO of Wilmington, Mass.-based Locus Robotics. “In an economy largely dominated by Amazon, Locus arms independent operators with the means to compete effectively.”
As the holiday shopping season begins, consumer expectations are higher than ever for rapid, accurate order fulfillment. Warehouse operations must contend with labor shortages and growing demand, so logistics robots are key to meeting this demand.

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