Emeryville, California-based industrial robotics startup Symbio Robotics today emerged from stealth with $30 million in funding. The company says the capital will be put toward further developing its technology as it looks to sign new customers.
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Locus Robotics raises $150 million to scale its warehouse robotics platform
Locus Robotics, a Wilmington, Massachusetts-based warehouse robotics startup, today announced it has raised $150 million in series E funding at a $1 billion post-money valuation. The company says the funding will allow it to accelerate product innovation and global expansion. Locus expects that in the next four years, over a million warehouse robots will be installed and that the number of warehouses using them will grow tenfold.
Read MoreThe case for Artificial Intelligence in logistics
Artificial Intelligence is the next big thing, logistics has always been a big thing. So why aren’t they often mentioned together?
Read MoreAttabotics raises $50 million to help retailers and grocers automate warehouses
Robotic supply chain startup Attabotics today raised $50 million in venture equity financing. The funds will be put toward accelerating current projects, investing in new technologies, and scaling manufacturing operations.
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