Locus Robotics
Massachusetts maker of autonomous mobile robots and the LocusONE platform that coordinates warehouse workers and robot fleets for picking, putaway and transport.
- Geek+ turns an adjusted profit in 2025 as US sales overtake China
Hong Kong-listed warehouse robot maker Geek+ reported 2025 revenue of RMB3.17 billion, up 31.6%, and its first full-year adjusted net profit of RMB43.8 million, while its IFRS loss narrowed to RMB10.4 million. The United States became its largest single market and new orders rose 31.7% to RMB4.14 billion as the company pushes a warehouse foundation model and a wheeled humanoid toward production.
Mentioned - Symbotic lifts revenue 29% to $630 million and swings to profit, but Walmart still supplies 86% of sales
Symbotic reported fiscal first-quarter revenue of $629.9 million on 4 February 2026, up 29% from a year earlier, with net income of $13.4 million and adjusted EBITDA of $66.9 million. Its backlog stood at $22.3 billion and it guided second-quarter revenue to $650 million to $670 million. Walmart accounted for 85.6% of revenue, and a change in stock-compensation accounting added $9.3 million to profit.
Mentioned - Ex-Tesla team's Mytra raises $120 million Series C led by Avenir Growth after signing a warehouse deal 60 times its largest so far
Mytra, the material-handling robotics company led by former Tesla Bot chief Chris Walti, raised a $120 million Series C led by Avenir Growth, with cold-storage operator Lineage and Ryder's venture arm among strategic backers. The company says it has signed a deployment 60 times the size of its biggest earlier installation and now serves a Fortune 100 food company and a Fortune 500 industrial distributor.
Mentioned - Mujin raises $233 million in Series D first close as NTT and Qatar's sovereign fund bet on its robot operating system
Tokyo-based Mujin said on 2 December 2025 it had raised ¥36.4 billion ($233 million) in the first close of a Series D round, combining $133 million of equity co-led by NTT Group and the Qatar Investment Authority with $100 million of loans from Japanese banks. The company plans to use the money to turn MujinOS into a product business and to push harder into Europe and North America, with a second close planned for 2026.
Mentioned - Amazon unveils Blue Jay, a multi-arm robot that merges three workstations, and Project Eluna, an agentic AI for warehouse managers
At its Delivering the Future event on October 22, 2025, Amazon showed Blue Jay, a multi-arm system it said could pick, stow and consolidate about 75% of the item types at a South Carolina test site, and Project Eluna, an agentic AI piloted at a Tennessee fulfillment center. Amazon said Blue Jay went from concept to production in just over a year, but an update dated February 25, 2026 states the company no longer uses it in operations.
Mentioned - Geek+ raises HK$2.71 billion as the first listed warehouse AMR maker, with Hong Kong retail demand covered 133 times
Beijing Geekplus Technology began trading in Hong Kong on July 9, 2025 under code 2590 after selling 161,405,800 H shares at HK$16.80, raising gross proceeds of HK$2,711.62 million. The retail tranche was subscribed 133.62 times and the international book 30.17 times, while four cornerstone investors led by Xiong'an Intelligent Robotics took about 26% of the deal.
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