Wilmington, MA – According to filings with the U.S. Securities and Exchange Commission, Locus Robotics is raising $150,999,938.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rick Faulk played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Locus Robotics

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. It’s what inspired us to engineer something better. We’ve built more than just a great robot. We’ve built a complete, end-to-end system that’s designed specifically to meet your e-commerce fulfillment needs. But we’re not stopping there. We’re continually working on new ways to advance robotics technology to maximize warehouse productivity.

To learn more about Locus Robotics, visit http://www.locusrobotics.com/

Contact:
Rick Faulk, Chief Executive Officer
844-562-8700
rick@locusrobotics.com
https://www.linkedin.com/in/rickfaulk/

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