Warehouse automation veteran Locus Robotics has raised $41.6 million in a Series G round from existing backers Tiger Global Management, Goldman Sachs Asset Management, G2 Venture Partners and Scale Venture Partners, its first disclosed institutional raise since the $117 million Series F it closed in late 2022.
Funding a Locus Array Global Rollout
The Wilmington, Massachusetts-based company said the fresh capital will bankroll global supply-chain and manufacturing expansion, accelerate engineering on its multi-robot orchestration software, and finance commercial go-to-market moves across European and Asian logistics corridors. CEO Rick Faulk told Axios the Series G remains open, hinting at more capital to come.
Array Gets NeuraGrasp Muscles
The round lands just months after Locus acquired Vancouver-based Nexera Robotics in May to slot its patented NeuraGrasp mobile manipulation into the Locus Array platform. Array, unveiled at MODEX 2026, is Locus' answer to goods-to-person automation, and the combined system is designed to grasp porous textiles, loosely bagged items and irregular packages that have historically defeated AMR picking cells.
One Billion Picks And Counting
Locus has crossed more than one billion cumulative units picked across 300+ live deployments and 120+ enterprise brand customers, per its investor materials. It operates a Robots-as-a-Service model that pairs its Origin, Vector and Array robots with the LocusONE data-science platform, feeding real-time optimization data back into legacy warehouse management systems.
Warehouse AMR Capital Reopens
The Series G lands amid a broader capital reopening in warehouse robotics: physical AI has attracted billions in 2026 alone, from Lyte's $165 million Series C for robot perception to megadeals for humanoid platforms and the flow of debt now backing Waymo's robotaxi build-out. Locus' latest raise brings its total funding to more than $440 million and reinforces its position as one of the highest-volume warehouse AMR vendors globally.
Reporting based on coverage from FinSMEs, Supply Chain 24/7 and Axios.