Stack capital invests $8 million usd into locus robotics

Toronto, nov. 29, 2022 (globe newswire) -- stack capital group inc. (tsx:stck and stck.wt) (“stack capital”), an investment holding company that invests in some of the world's most innovative and disruptive growth & late-stage private companies, is pleased to announce that it has invested $8 million usd into preferred shares of locus robotics, inc. (“locus” or the “company”), a leading provider of enterprise robotics solutions for some of the world's most dynamic warehouses and leading brands operating in third-party logistics, retail & e-commerce, healthcare, and the industrial sectors. stack capital's investment was part of the recently announced $117 million usd series f funding which brought its valuation close to $2 billion usd and included goldman sachs asset management (nyse:gs), g2 venture partners, suro capital, next 47, stafford capital partners, hesta, newton investment management north america, gray's creek capital, silicon valley bank, hercules capital, inc., bond, and scale venture partners.
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