DHL Supply Chain will add 5,000 AMRs from Locus Robotics
Technology will improve worker productivity, order accuracy, speed, and efficiency, 3PL says.
Source: dcvelocity.com
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Prologis (NYSE:PLD) - Locus Robotics Bags $150 Million In Series E Funding
Share: Locus Robotics, which makes autonomous robots for use in fulfillment centers and warehouses, said Wednesday it has landed $150 million in Series E funding led by investment firm Tiger Global Management and IT investment firm Bond. The funding round brings to more than $260 million the amount that Wilmington, Massachusetts-based Locus has raised. Company executives say that Locus will ultimately go public but that a timetable for such an event has not been determined. Companies such as Locus are in a sweet spot as demand for warehouse technology has soared due to the surge in e-commerce...
Source: benzinga.com