Locus Robotics, the Wilmington, Massachusetts warehouse automation company, has raised $41.6 million in a Series G round from Tiger Global Management, Goldman Sachs Asset Management, G2 Venture Partners and Scale Venture Partners, capital it will use to expand global manufacturing, accelerate multi-robot orchestration software and push into European and Asian logistics corridors.
Continuing the Array push
The round follows a busy summer in which Locus launched Locus Array, its fully autonomous fulfillment system, and acquired Nexera Robotics to bring NeuraGrasp soft-grip mobile manipulation into the Array stack. CEO Rick Faulk said the new funding will finance commercial expansion around the two moves.
RaaS at industrial scale
Locus rents its autonomous mobile robots on a Robotics-as-a-Service basis, letting operators stand up fleets that work alongside human pickers while a cloud-based optimization engine integrates directly into legacy warehouse management systems and dynamically routes robots, calculates picking paths and balances workloads in real time. The company powers customers including HelloFresh and is one of three vendors DHL Supply Chain is using to pass 8,000 robots deployed worldwide.
Series G still open
Locus said the Series G remains open for additional participation and that today's tranche came from existing investors. Total funding to date crosses $600 million as robotics venture capital surges past $23 billion year-to-date in 2026, closing in on all of 2025.
Reporting based on coverage from FinSMEs and Supply Chain 24/7.