Locus (not to be confused with this Locus) is one of those names that’s been popping up a lot in the news — and this roundup — over the past year. Last time we spoke to the Massachusetts company, it was around a sizable raise — $150 million to be nearly precise. That effectively valued the company as a unicorn.
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Core to the company’s successes are its partnerships (as is the case with any robotics fulfillment company). DHL has been a big (or the biggest) name in the mix since 2017. Amid pandemic lockdowns, the logistic giant signed up for 1,000 robots last year and, as of yesterday, is doubling that number.
DHL is really committing to robotics here. At last count, it said it had deployed around 200,000 across the U.S. alone, which puts its right around the same number as Amazon (which admittedly, hasn’t updated that figure lately). Of course, the big difference there is that Amazon is primarily pulling from in-house systems — perhaps Locus is a prime acquisition target?
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Source: Brian Heater
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