Prologis has participated in a series E round for the warehouse robotics technology developer, although Zebra Technologies did not return this time.
US-based warehouse automation technology developer Locus Robotics secured $150m in series E financing yesterday from investors including Prologis Ventures, the investment unit of logistics real estate provider Prologis.
Tiger Global Management and Bond co-led the round, while Scale Venture Partners also supplied capital.
Locus Robotics provides autonomous mobile robots to support human workers with inbound and outbound warehouse fulfilment. It will use the money to further expand internationally and drive continued research and development activities.
Zebra Ventures, the corporate venturing…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
