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 2 acquisitions, including Nexera Robotics and 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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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Investments & Acquisitions
Nexera Robotics
& 1 more
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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.
Engineered for warehouse picking and efficient task handling.
Handles fulfillment, transport, and putaway in dynamic environments.
Manages AMR deployments for enterprise-wide performance optimization.
People of Locus Robotics
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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.
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.
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Growth capital is invested in later-stage businesses by the firm.
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Venture capital fund investing in tech companies
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Investments in multiple sectors are made by Bond Capital.
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Investor details for Locus Robotics
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Investments & Acquisitions by Locus Robotics
Locus Robotics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Nexera Robotics and Waypoint Robotics.
Investment portfolio details for Locus Robotics
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Robotic grippers and grasping solutions are provided for industrial sectors.
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Autonomous mobile robots are developed for multi-industry uses.
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Locked | Locked | 2017 | Locked |
Complete acquisition details for Locus Robotics
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Financial Statements - Locus Robotics
Detailed financials for Locus Robotics
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Locus Robotics Comparisons
Peer comparison for Locus Robotics
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI and SaaS-based robots for warehouse automation are provided.
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AI and cloud-driven automation is delivered for warehouse material handling.
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AI-enabled robotic grippers for object picking are provided.
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Provider of a pick and place robot for e-commerce applications
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Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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Detailed competitors of Locus Robotics
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Latest news on Locus Robotics
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Frequently Asked Questions about Locus Robotics
Locus Robotics was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Locus Robotics is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Rick Faulk is the current CEO of Locus Robotics.
Locus Robotics is a funded company, having raised a total of $438.45M across 8 funding rounds to date.
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.
Locus Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Locus Robotics offers Locus Origin, Locus Vector, and LocusOne.
Locus Robotics has made 2 acquisitions, including Nexera Robotics, and Waypoint Robotics.
Locus Robotics has 14 investors. Key investors include Zebra, SVB, Prologis, Hercules Capital, and Stack Capital Group.
The valuation of Locus Robotics is $2B as of Nov 2022.