Tech Company Financing Transactions

Locus Robotics Funding Round

Bond Capital, Tiger Global Management and Prologis participated in a $150 million Series E venture round for Locus Robotics. This venture round was announced by the company on 2/19/2021.

Transaction Overview

Company Name
Locus Robotics
Announced On
2/19/2021
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series E
Investors

Bond Capital (Lead Investor)

Tiger Global Management (Lead Investor)

Prologis

Scale Venture Partners (Rory O'Driscoll)

Proceeds Purpose
The company will use the new funds to further expand its market opportunities around the globe and support ongoing research and development (R&D) to grow and enhance its warehouse technology solution.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
301 Ballardvale St.
Wilmington, MA 01887
USA
Phone
(844) 562-8700
Website
www.locusrobotics.com
Email Address
[email protected]
Overview
We have a deep warehouse heritage and in-depth, first-hand experience with the development and evolution of warehouse automation. Our founders were early adopters of robotics technology to improve warehouse productivity. They quickly discovered what robots are capable of doing -- and what they can't do.
Profile
Locus Robotics LinkedIn Company Profile
Social Media
Locus Robotics Company Twitter Account
Company News
Locus Robotics News
Facebook
Locus Robotics on Facebook
YouTube
Locus Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rick Faulk
  Rick Faulk LinkedIn Profile  Rick Faulk Twitter Account  Rick Faulk News  Rick Faulk on Facebook
Chief Financial Officer
Larry Griffin
  Larry Griffin LinkedIn Profile  Larry Griffin Twitter Account  Larry Griffin News  Larry Griffin on Facebook
Chief Financial Officer
Dustin Pederson
  Dustin Pederson LinkedIn Profile  Dustin Pederson Twitter Account  Dustin Pederson News  Dustin Pederson on Facebook
Chief Marketing Officer
Karen Leavitt
  Karen Leavitt LinkedIn Profile  Karen Leavitt Twitter Account  Karen Leavitt News  Karen Leavitt on Facebook
Chief Operating Officer
Michael Johnson
  Michael Johnson LinkedIn Profile  Michael Johnson Twitter Account  Michael Johnson News  Michael Johnson on Facebook
Chief Technical Officer
Sean Johnson
  Sean Johnson LinkedIn Profile  Sean Johnson Twitter Account  Sean Johnson News  Sean Johnson on Facebook
VP - Bus. Development
Lou Jaquez
  Lou Jaquez LinkedIn Profile  Lou Jaquez Twitter Account  Lou Jaquez News  Lou Jaquez on Facebook
VP - Bus. Development
Denis Niezgoda
  Denis Niezgoda LinkedIn Profile  Denis Niezgoda Twitter Account  Denis Niezgoda News  Denis Niezgoda on Facebook
VP - Customer Service
Jasmine Lombardi
  Jasmine Lombardi LinkedIn Profile  Jasmine Lombardi Twitter Account  Jasmine Lombardi News  Jasmine Lombardi on Facebook
VP - Engineering
Michael Sussman
  Michael Sussman LinkedIn Profile  Michael Sussman Twitter Account  Michael Sussman News  Michael Sussman on Facebook
VP - Human Resources
Tracy Simek
  Tracy Simek LinkedIn Profile  Tracy Simek Twitter Account  Tracy Simek News  Tracy Simek on Facebook
VP - Sales
Al Dekin
  Al Dekin LinkedIn Profile  Al Dekin Twitter Account  Al Dekin News  Al Dekin on Facebook

 

 

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