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New Deal


Announced

Completed

Tiger Global Management and BOND led a $150m Series E round in Locus Robotics.

Financials

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Transaction Value£107m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Venture Capital

Single Bidder

Minority

Domestic

Electronic Components and Equipment

Private Equity

Friendly

Completed

United States

warehouse robotics

Private

Synopsis

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Tiger Global Management and BOND led a $150m Series E round in Locus Robotics, a warehouse robotics company, with participation from Scale Venture Partners and Prologis Ventures. "This new round of funding marks an important inflection point for Locus Robotics. Warehouses facing ongoing labor shortages and exploding volumes, are looking for flexible, intelligent automation to improve productivity and grow their operations. Locus is uniquely positioned to drive digital transformation in this enormous global market," Rick Faulk, Locus Robotics CEO.

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