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Founded Year

2014

Stage

Series F - II | Alive

Total Raised

$432.82M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-50 points in the past 30 days

About Locus Robotics

Locus Robotics specializes in AI-driven warehouse automation solutions within the robotics industry. The company provides autonomous mobile robots that work collaboratively with humans to enhance productivity and operational efficiency in warehouses. Locus Robotics primarily serves sectors such as third-party logistics, retail and eCommerce, healthcare, and industrial sectors. It was founded in 2014 and is based in Wilmington, Massachusetts.

Headquarters Location

301 Ballardvale Street

Wilmington, Massachusetts, 01887,

United States

844-562-8700

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ESPs containing Locus Robotics

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Manufacturing Tech

The automated guided vehicles (AGVs) & autonomous mobile robots (AMRs) market offers solutions for automating material handling processes in manufacturing, distribution, and logistics centers. These solutions include not only software for building, deploying, and operating robotic fleets but also algorithms for autonomous navigation and perception in dynamic environments. The market also offers si…

Locus Robotics named as Highflier among 15 other companies, including ABB, KUKA, and Symbotic.

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Expert Collections containing Locus Robotics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Locus Robotics is included in 10 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,376 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,249 items

R

Robotics

2,006 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

S

Smart Cities

1,307 items

Smart building tech covers energy management/HVAC tech, occupancy/security tech, connectivity/IoT tech, construction materials, robotics use in buildings, and the metaverse/virtual buildings.

C

Conference Exhibitors

5,302 items

A

Advanced Manufacturing

6,362 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

Locus Robotics Patents

Locus Robotics has filed 54 patents.

The 3 most popular patent topics include:

  • distribution (business)
  • manufacturing
  • robotics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/7/2023

9/10/2024

Robot navigation, Robotics, Association football forwards, Web applications, Biomorphic robots

Grant

Application Date

3/7/2023

Grant Date

9/10/2024

Title

Related Topics

Robot navigation, Robotics, Association football forwards, Web applications, Biomorphic robots

Status

Grant

Latest Locus Robotics News

New Atlas video; Climbing to new heights in warehouse automation with BionicHive

Nov 1, 2024

In Episode 170 of The Robot Report Podcast, co-hosts Steve Crowe and Mike Oitzman discuss the latest video from Boston Dynamics showing Atlas electric humanoid in an autonomous material movement demo. The video shows Atlas moving automotive parts from one storage bin to another bin. The hosts discuss the unique aspects of this video and how Atlas appears to move differently from the other competitive humanoid robots in recent demonstration videos. Read the entire video review here: https://www.therobotreport.com/atlas-humanoid-robot-shows-increasing-competence-in-latest-boston-dynamics-video/ Featured interview In our feature interview this week, Mike Oitzman and Gene Demaitre sit down with Gili Ovadia, VP of Business Development at BionicHive to learn more about their unique warehouse automation solution. The BionicHive Squid mobile robot can drive along the floor of the warehouse, and climb into the warehouse racking to put or get boxes/totes from storage locations on higher shelves. We learn how the system works and discuss where BionicHive is deploying these automated storage solutions. Squid video: Show timeline NEWS OF THE WEEK 2025 RBR50 Robotics Innovation Awards open for nominations Submissions are now open for the 2025 RBR50 innovation awards. This awards program celebrates robotics innovation in calendar year 2024, and is open to any company worldwide that produces robotics or automation solutions. To learn more about the program and submit a nomination form, goto: https://www.therobotreport.com/2025-rbr50-robotics-innovation-awards-open-for-nominations/ Categories: Technologies, products, and services: This category includes primary or applied research focusing on robotics and supporting technologies such as motion control, vision, or machine learning. It also includes new products and business, engineering, or technology services. Examples range from design, manufacturing, and legal services to new Robotics-as-a-Service (RaaS) offerings. Business and management: This category covers initiatives positioning a company as a market leader or an organization as an important thought leader in the robotics ecosystem. Significant mergers and acquisitions are relevant, as are supplier, partner, and integrator relationships. Applications and markets: The RBR50 will also recognize innovations that improve productivity, quality, and cost-effectiveness, as well as those that automate new tasks. PLUS Special awards: Locus Robotics Corp. announced that its autonomous mobile robots have assisted in 4 billion picks across its customer deployments worldwide. The company noted that this milestone came just six months after passing the 3 billion pick mark and reflects its leadership in the warehouse automation industry. “This is a truly momentous moment for everyone associated with Locus Robotics – from our global team of employees around the world to our expanding base of customers,” stated CEO Rick Faulk. “Reaching the 4 billion milestone in record time demonstrates the incredible momentum we’re generating in warehouse automation.” In addition to the 4 billion-pick milestone, Locus recently celebrated the grand opening of Locus Park, its new global headquarters in Wilmington, Mass. It is now fully operational and home to hundreds of New England-based employees. China has launched a data-sharing initiative for domestic humanoid companies to accelerate innovation. The project is being spearheaded by the National Local Joint Humanoid Robot Innovation Center and various Chinese humanoid companies. The National Local Joint Humanoid Robot Innovation Center (NLJIC), China’s first public platform dedicated to this type of robot, is also building a training ground for manufacturers to collect high-quality data and promote industry-wide standards. Xu Bin, general manager of the state-backed center, told Chinese media outlet Yicai Global that like autonomous vehicles, “humanoid robots require large volumes of high-quality data for development, and advanced models demand even stricter data standards.” Bear Robotics Inc., which has previously created robots for the hospitality, healthcare, and retail sectors, last week announced its foray into logistics. The company unveiled the Carti 100 robot for material handling tasks in warehouses and distribution centers. Bear Robotics said it built the Carti 100 to handle the complex demands of factories and warehouses, supporting up to 220 lbs (99.79 kg). It said this ensures automated efficiency and precision while reducing overtime. One key feature of the autonomous mobile robot (AMR) is its multi-robot orchestration. This enables smooth collaboration across operations, boosting productivity, and cutting costs, asserted the company. The Carti 100 has an adaptable design suitable for a range of environments, including brownfield and greenfield sites, multi-level spaces, and mezzanines. The customizable robot includes adjustable shelves, smart conveyor belts, and advanced lighting to meet operational needs. Podcast sponsored by RGO Robotics The show this week is sponsored by RGO Robotics Is your autonomous mobile robot struggling in dynamic environments? Is your business stuck because it takes months to commission a new site? RGo Robotics’ Perception Engine is revolutionizing the AMR business through advanced Vision AI perception technology. Unlike traditional solutions, RGo’s software enables AMRs to adapt to changing environments and navigate complex spaces with unprecedented accuracy and the commissioning process is shorter and simpler. Leading AMR companies are enhancing their fleets with RGo’s AI-powered perception, enabling their teams to accelerate use of advanced AI capabilities like foundation models and digital twins. Don’t let outdated navigation hold your business back. To learn more about RGO’s solutions goto: https://www.rgorobotics.ai/

Locus Robotics Frequently Asked Questions (FAQ)

  • When was Locus Robotics founded?

    Locus Robotics was founded in 2014.

  • Where is Locus Robotics's headquarters?

    Locus Robotics's headquarters is located at 301 Ballardvale Street, Wilmington.

  • What is Locus Robotics's latest funding round?

    Locus Robotics's latest funding round is Series F - II.

  • How much did Locus Robotics raise?

    Locus Robotics raised a total of $432.82M.

  • Who are the investors of Locus Robotics?

    Investors of Locus Robotics include G2 Venture Partners, Scale Venture Partners, Bond, Gray's Creek Capital Partners, Goldman Sachs Asset Management and 15 more.

  • Who are Locus Robotics's competitors?

    Competitors of Locus Robotics include Seegrid, Quicktron, TakeOff, Vecna Robotics, Humatics and 7 more.

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Compare Locus Robotics to Competitors

Scallog Logo
Scallog

Scallog is a company that specializes in logistics robotics within the technology and logistics industries. The company offers advanced software and hardware technologies that optimize order preparation for e-commerce and industrial specialists, with a focus on automating warehouses. The main products include mobile robots that can lift and transport storage shelves to different picking stations, and software solutions that allow real-time tracking and organization of inventory. Scallog primarily serves the e-commerce, retail, and industrial sectors. It was founded in 2013 and is based in Nanterre, France.

Geek+ Logo
Geek+

Geek+ specializes in smart logistics, operating primarily in the robotics industry. The company offers a range of autonomous mobile robots that handle tasks such as picking, sorting, and industrial material handling, providing solutions for logistics and warehouse automation. It primarily serves sectors such as e-commerce, apparel, retail, logistics, pharmaceutical, and manufacturing. The company was founded in 2015 and is based in Beijing, China.

GreyOrange Logo
GreyOrange

GreyOrange provides robotic automation and inventory optimization solutions for the logistics and retail sectors. The company’s AI-driven systems streamline warehouse operations and enhance retail store performance, improving productivity, addressing labor challenges, and reducing operational risks. It was founded in 2012 and is based in Roswell, Georgia.

Onward Robotics Logo
Onward Robotics

Onward Robotics specializes in warehouse automation and order fulfillment solutions within the logistics and supply chain sectors. The company offers technology that facilitates intelligent coordination between people and robots, aiming to optimize warehouse fulfillment processes. Onward Robotics' main offerings include proprietary software for task assignment and workflow optimization, mobile robots for efficient goods-to-person operations, and systems designed to enhance human-robot collaboration. Onward Robotics was formerly known as IAM Robotics. It was founded in 2012 and is based in Pittsburgh, Pennsylvania.

O
Opex Corporation

Opex Corporation is a company that focuses on automation technology in the warehouse and document/mail sectors. The company offers services such as warehouse automation, ecommerce fulfillment, document imaging, digital mail, and medical record digitization, all aimed at improving workflow and driving efficiencies in infrastructure. Opex Corporation primarily serves sectors that require automation solutions, such as the ecommerce industry and the document and mail processing industry. It was founded in 1973 and is based in Moorestown, New Jersey.

B
Bleum Robotics

Prime Robotics specializes in end-to-end warehouse automation solutions within the logistics, e-commerce, and material handling industries. The company offers products such as autonomous mobile robots, software systems for warehouse management, and custom-designed pick stations to streamline warehouse operations. Prime Robotics primarily serves sectors such as logistics and third-party logistics (3PL), retail and e-commerce, food and beverage distribution, and factory and manufacturing. It was founded in 2001 and is based in Englewood, Colorado.

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