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.