Skip to content
Subscriber Only

Robot Makers Fill Their War Chests in Fight Against Amazon

Locus Robotics is raising serious cash in its bid to automate warehouses, bringing industry investment to $70 million this year.
1511033823_-999x-999

Illustration: Jay Keeree

A few years ago, Amazon.com Inc. triggered a robot arms race when it purchased a company called Kiva Systems, maker of automated warehouse robots. Now its would-be rivals are landing bigger and bigger cash injections to try to compete with the e-commerce giant.

Locus Robotics, a spinoff of a warehouse company that decided to build its own robots after the Amazon deal in 2012, raised another $25 million in venture capital, bringing its total funding to more than $33 million, the company announced last week.