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Locus Robotics
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Developer of autonomous robots that work collaboratively alongside workers

Founded in 2014
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Company type Private Public ()
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Industry Group materials & chemicals

Sector process technology

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Wilmington, MA Wilmington, United States
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Updated by Cleantech Group on 12/07/2022

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Date Investors Type Amount
11/29/2022 SuRo Capital SuRo Capital , Stafford Capital Partners Stafford Capital Partners , Stack Capital Stack Capital , Silicon Valley Bank Silicon Valley Bank , Scale Venture Partners Scale Venture Partners , next47 next47 , Newton Investment Management Newton Investment Management , HESTA HESTA , Hercules Capital Hercules Capital , Gray’s Creek Capital Partners Gray’s Creek Capital Partners , Goldman Sachs Goldman Sachs , G2 Venture Partners G2 Venture Partners , Bond Bond , Siemens Venture Capital (SVC) Siemens Venture Capital (SVC) (14)
Post-money valuation of
The funds will be used to continue scaling up its business activities to meet current market challenges.
 Growth Equity $117,000,000
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Snowy Owl

The release includes upgrades and enhancements to the Company's robot hardware, navigation software, user experience (UX), and management dashboards and reports that will dramatically improve worker productivity, operational performance, and efficiency for retail/e-tail, third-party logistics (3PL), distribution, and industrial specialty customers.

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