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Locus Robotics’ $150M Raise Says Automation Is the Future

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Locus Robotics, a manufacturer and developer of autonomous mobile robots (AMR) for fulfillment warehouses, has cracked the $1 billion valuation mark after securing another $150 million in Series E funding led by investment firms Tiger Global Management and Bond. The robotics company has secured approximately $255 million in funding to date. Locus will use the…

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