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Locus Robotics announced it raised $117 Million in an initial filing from an offering of $125 Million

Locus Robotics announced it raised $117 Million in an initial filing from an offering of $125 Million

11/30/22, 10:28 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgwilmington
Money raised
$117 million
Industry
robotics
software
industrial automation

Company Info

Company
Locus Robotics
Location
301 ballardvale street
wilmington, massachusetts, united states
Additional Info
Locus Robotics is the world leader in revolutionary, enterprise-level, warehouse automation solution, incorporating powerful and intelligent autonomous mobile robots (AMRs) that operate collaboratively with human workers to dramatically improve product movement and productivity 2–3X. Named to the Inc. 500 three years in a row, and winning over 25 industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, lowers operational costs, and improves workplace quality, safety, and ergonomics for workers.

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