Locus Robotics, a maker of autonomous mobile robots for fulfillment and distribution warehouses, has raised $117 million in Series F funding, led by Goldman Sachs Asset Management and G2 Venture Partners.
As part of the financing, Mark Midle, managing director, Goldman Sachs, and Zach Barasz, partner, G2 Venture Partners, will join the Locus’ board of directors, bringing their unique industry perspectives and insights to further guide Locus’s next stage of growth and global expansion.
Midle says: “Locus has established itself as an innovative, high-quality market leader for flexible automation in the massive warehouse fulfillment and distribution market. [Read more…] about Locus Robotics raises $117 million in new funding, valuing startup at $2 billion