Stack Capital invests $8M in Locus Robotics

Stack Capital Group (STCGF) invested $8M into preferred shares of Locus Robotics, a provider of enterprise robotics solutions, Stack Capital’s investment was part of the recently announced $117M Series F funding which brought its valuation close to $2B and included Goldman Sachs Asset Management (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.