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Locus Robotics raises $26 million in new investment

Supply chain automation startup Locus Robotics has raised $26 million in Series C funding.

The company says it will use the proceeds to scale production of its revolutionary multi-bot solution for warehouse fulfillment, as well as for expansion of its sales and marketing efforts, both in North America, and internationally.

Participants in the round include Zebra Ventures, the strategic investment arm of Zebra Technologies, and Scale Venture Partners, which led the Company’s Series B round in 2017. [Read more…] about Locus Robotics raises $26 million in new investment

Study: 40 percent of parcels delivered within 2 hours by 2028

A survey from Zebra Technologies Corporation, a major player in mobile computers, barcode scanners and barcode printers, revealed that 78 percent of logistics companies expect to provide same-day delivery by 2023 and 40 percent anticipate delivery within a two-hour window by 2028.

In addition, 87 percent of survey respondents expect to use crowdsourced delivery or a network of drivers that choose to complete a specific order by 2028.

Zebra’s Future of Fulfillment Vision Study surveyed more than 2,700 professionals in transportation and logistics, retail and manufacturing firms on their plans, implementation levels, experiences and attitudes toward omnichannel logistics.