Locus Robotics Raises $25 Million in Round Led by Scale Venture Partners
Locus Robotics Corp., whose robots help workers fulfill e-commerce orders, raised $25 million in a funding round led by Scale Venture Partners that the company plans to use to develop new products and expand into new markets. The Wilmington, Mass.-based company makes software and autonomous mobile robots that sync up with warehouse management systems to help workers handle orders more efficiently by taking the fastest routes through aisles to fill orders more quickly. The robots resemble motorized stools with shelving and touchscreens. They operate in groups and use sensors to navigate through warehouses as workers pick items and move on. Locus, whose customers include Deutsche Post AG's DHL Supply Chain, says its technology can double the number of items that workers pick per hour.
Nov-21-2017, 03:45:13 GMT
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