Locus Robotics announced Tuesday morning it has secured $50 million in additional funding from existing investor Tiger Global Management.
The funding follows a $150 million Series E round in February, led by Tiger Global Management and IT investment firm Bond. The new investment increases the total funding for Wilmington, Massachusetts-based Locus Robotics to $310 million.
More than 1 million warehouse robots will be installed worldwide over the next four years, with the number of warehouses...
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