Boston Business Journal: With $150M Investment, Locus Robotics Hits Unicorn Status, Plans Hiring Spree

On the heels of a $150 million new round of funding, a local robotics company has become the latest Massachusetts tech business to hit “unicorn” status with a $1 billion valuation.

Wilmington-based Locus Robotics Corp. announced on Wednesday it raised $150 million in a round led by Tiger Global Management and Bond. Existing investors Scale Venture Partners and Prologis Ventures, the venture capital arm of Prologis (NYSE: PLD), participated in the Series E round.

View full article in Boston Business Journal.

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