Locus Robotics has raised an additional $40 million from its earlier investors, bringing investment in the developer of robotics for the logistics industry to about $105 million.
Locus Robotics manufactures several systems designed to work in warehouses and other stops along the logistics chain. Locus’ products are known as AMRs, or automated mobile robots. This page on its website shows several of the systems Locus has designed, operating in faciiltiies of such companies as CEVA Logistics.
The...