- Locus Robotics, a Wilmington, Mass.-based leader in autonomous mobile robots (AMR) for fulfillment warehouses, raised $150m in Series E funding
- The round was led by Tiger Global Management and BOND, with participation from Scale Venture Partners and Prologis Ventures
- The company will use the new funds to further expand its market opportunities around the globe and support ongoing research and development (R&D) to grow and enhance its warehouse technology solution
- Locus Robotics is a multi-bot solution that incorporates intelligent autonomous mobile robots that operate collaboratively with human workers to improve piece-handling productivity
- The company currently serves more than 40 customers and 80 warehouses around the world with its solution
- LocusBots have picked more than 300 million units, including 70 million units during the recent holiday season
