About Locus Robotics
Locus Robotics is a company based in Wilmington (United States) founded in 2014.. Locus Robotics has raised $438.45 million across 8 funding rounds from investors including Zebra, SVB and Prologis. Locus Robotics has completed 1 acquisition, including Waypoint Robotics. Locus Robotics offers products and services including Locus Origin, Locus Vector, and LocusOne. Locus Robotics operates in a competitive market with competitors including GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others.
- Headquarter Wilmington, United States
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsRetail Industrial Goods & Manufacturing Technology
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Email
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Phone
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Website
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Social
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- Legal Name Locus Robotics Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$438.45 M (USD)
in 8 rounds
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Latest Funding Round
$117 M (USD), Series F
Nov 28, 2022
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Investors
Zebra
& 13 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Locus Robotics
Locus Robotics offers a comprehensive portfolio of products and services, including Locus Origin, Locus Vector, and LocusOne. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Engineered for warehouse picking and efficient task handling.
Handles fulfillment, transport, and putaway in dynamic environments.
Manages AMR deployments for enterprise-wide performance optimization.
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Funding Insights of Locus Robotics
Locus Robotics has successfully raised a total of $438.45M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $117 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series F — $117.0M
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First Round
First Round
(20 Nov 2015)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series F - Locus Robotics | Valuation | Stack Capital Group , G2VP | |
| Sep, 2021 | Amount | Series E - Locus Robotics | Valuation | Tiger Global Management |
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| Feb, 2021 | Amount | Series E - Locus Robotics | Valuation | Tiger Global Management , Bond Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Locus Robotics
Locus Robotics has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Zebra, SVB and Prologis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth capital is invested in later-stage businesses by the firm.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech companies
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Bond Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Locus Robotics
Locus Robotics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Waypoint Robotics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Autonomous mobile robots are developed for multi-industry uses.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Locus Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Locus Robotics Comparisons
Competitors of Locus Robotics
Locus Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GreyOrange, Third Wave Automation, RightHand Robotics, Kindred and Agility Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Locus Robotics
Frequently Asked Questions about Locus Robotics
When was Locus Robotics founded?
Locus Robotics was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Locus Robotics located?
Locus Robotics is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of Locus Robotics?
Rick Faulk is the current CEO of Locus Robotics.
Is Locus Robotics a funded company?
Locus Robotics is a funded company, having raised a total of $438.45M across 8 funding rounds to date. The company's 1st funding round was a Series E of $151M, raised on Nov 20, 2015.
What does Locus Robotics do?
Founded in 2014 and based in Wilmington, United States, automated robotic solutions for warehouses are offered by the company. These solutions serve the healthcare, manufacturing, and retail sectors. Features such as business intelligence, support for multiple languages, accessory ports, and gamification are included. Robots facilitate inventory and order movement through fulfillment centers, with human operators handling product picking from shelves and defect checks to minimize physical walking efforts.
Who are the top competitors of Locus Robotics?
Locus Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Locus Robotics offer?
Locus Robotics offers Locus Origin, Locus Vector, and LocusOne.
How many acquisitions has Locus Robotics made?
Locus Robotics has made 1 acquisition, including Waypoint Robotics.
Who are Locus Robotics's investors?
Locus Robotics has 14 investors. Key investors include Zebra, SVB, Prologis, Hercules Capital, and Stack Capital Group.
What is Locus Robotics's valuation?
The valuation of Locus Robotics is $2B as of Nov 2022.
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