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Venture Capital

Locus Raises $22M In Series B Funding

by vcaonline.com posted 2months ago 20 views
Locus optimizes logistics operations for enterprises, across sectors, to improve efficiencies resulting in higher profitability, expanding its global footprint with the secured funding from Falcon Edge Capital, Tiger Global Management and others NEW YORK, May 13, 2019-- Locus (https://www.locus.sh/), a global AI-backed supply chain optimization company, has secured $22 Million in (Series B) funding by Falcon Edge Capital and Tiger Global Management. Previous investors Exfinity Venture Partners and Blume Ventures also took part in this round. After demonstrating successful customer rollouts across sectors in India, the company began expanding to North America and Southeast Asia in 2018.

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