In the news
“Warehouses are more plentiful than ever, as retailers and logistics companies scramble to add more space in more places. Retailers must get as close to their customers as possible, as shoppers order online more often and demand shorter delivery times.”
Locus Robotics is raising serious cash in its bid to automate warehouses, bringing industry investment to $70 million this year.
Locus Robotics (www.locusrobotics.com), the award-winning provider of autonomous, mobile robots for use in e-commerce fulfillment warehouses, today announced it has secured $25 million in Series B funding led by Scale Venture Partners (www.scalevp.com), a Silicon Valley-based venture capital firm investing in the future of work.
It has become imperative for retailers of all sizes to automate fulfillment. That’s created a huge opportunity for robotics companies.
Locus Robotics Raises $25 Million in Round Led by Scale Venture Partners Locus Robotics Corp., whose robots help workers fulfill e-commerce orders, raised $25 million in a funding round led by Scale Venture Partners that the company plans to use to develop new products and expand into new markets.
Optimization logic ensures totes come close to cubing out if the LSP has product cube information. There is also optimization logic for ensuring that the bots move through the warehouse efficiently.
Locus Robotics makes mobile robots and software for use in fulfillment warehouses; the system is designed to work collaboratively with human workers to speed up the order fulfillment process (and reduce operating expenses).
Locus Robotics Corp., whose robots help workers fulfill e-commerce orders, raised $25 million in a funding round led by Scale Venture Partners that the company plans to use to develop new products and expand into new markets.
Locus’s turnkey robotics solution enables warehouse operators to achieve more efficient e-commerce fulfillment operations, while simultaneously managing both labor costs and seasonally fluctuating order volume.
Finding workers willing to work in the warehouse is becoming a problem. Logistics service providers (LSPs) are beginning to think that robots are the answer.
We hear a lot in the news about robots replacing workers, how do you see the increase in robots affecting the workforce at DHL? What is the reaction from DHL workers to these new robotic co-workers?
Given that our team has almost five years of experience working with the Kiva solution, we understand, first-hand, how robots work in the warehouse and interact with workers. Plus, our historical business automating warehouses has given us great insight into how warehouses work, so that we can address the real challenges of fulfilling millions of… Read more »
Warehouse operators are looking for ways to automate their operations to meet increasing demands for e-commerce fulfillment services and to compensate for what appears to be a growing shortage of workers.
The success of ROS depends upon the contributions of thousands of individuals. In honor of our 10-year anniversary, we’ve decided to shine a light on a few of them. Tom Moore, Senior Roboticist, Locus Robotics
Locus Robotics has reached a deal with Supply Chain Services on the sales and marketing of its warehouse automation systems.
Some packages will arrive more quickly than others, and in Devens, Massachusetts, speed and efficiency are the focus of a team of people and robots.
Market share of global Autonomous Mobile Robots industry is dominate by companies like Locus Robotics…
These are autonomous mobile robots, called LocusBots, that work safely alongside human employees to deliver higher e-commerce and less-than-case fulfillment throughput and efficiency.
“We use automation and technology to scale capacity quicker and more efficiently while mitigating the challenges around labor availability, cost and flexibility…”
It’s tough to articulate a far-future vision of the convergence of people and technology, but through stories, we’re able to make sense of how disruptive technologies may improve the lives