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Locus Robotics vs Preferred Networks

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Two AI Robotics companies going head to head.

Head-to-Head Verdict

Locus Robotics leads on 3 of 4 metrics

Locus Robotics

3 wins

+Funding
+Awaira Score
+Team Size
=Experience

Preferred Networks

0 wins

-Funding
-Awaira Score
-Team Size
=Experience

Key Numbers

Valuation
N/A
N/A
Total Funding
$438M
$308M
Awaira Score
75/100
72/100
Employees
500-1000
100-500
Founded
2014
2014
Stage
Series F
Series B
Locus RoboticsPreferred Networks
Winner
Locus Robotics logo
Locus Robotics

🇺🇸 United States · Rick Faulk

Series FAI RoboticsEst. 2014

Valuation

N/A

Total Funding

$438M

Awaira Score75/100

500-1000 employees

Full Locus Robotics Profile →
Preferred Networks logo
Preferred Networks

🇯🇵 Japan · Toru Nishikawa

Series BAI RoboticsEst. 2014

Valuation

N/A

Total Funding

$308M

Awaira Score72/100

100-500 employees

Full Preferred Networks Profile →
Market Context

Both companies compete in the AI Robotics space, though from different geographies — Locus Robotics in United States and Preferred Networks in Japan. Different stages (Series F vs Series B) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Within AI Robotics, Locus Robotics and Preferred Networks rank among the most closely watched rivals. Locus Robotics develops autonomous mobile robots (AMRs) and an AI-powered fleet management system for warehouse fulfillment operations. Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems.

Funding & Valuation

Neither company has publicly disclosed a valuation. Both have attracted significant capital — Locus Robotics with $438M and Preferred Networks with $308M.

Growth Stage

Locus Robotics and Preferred Networks share a 2014 founding year, meaning neither has a seniority advantage. Stage-wise, Locus Robotics is classified as Series F and Preferred Networks as Series B, reflecting divergent fundraising histories. Headcount tells a story too: Locus Robotics has 500-1000 employees and Preferred Networks has 100-500.

Geography & Outlook

Locus Robotics operates out of 🇺🇸 United States while Preferred Networks is based in 🇯🇵 Japan, giving each a distinct home-market advantage. Awaira's composite score rates them neck-and-neck: Locus Robotics at 75 and Preferred Networks at 72 out of 100. Under Rick Faulk and Toru Nishikawa respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Locus Robotics

Total Rounds2
Avg. Round Size$133.5M
Funding Span0.7 yrs

Preferred Networks

Total Rounds2
Avg. Round Size$66M
Funding Span3.6 yrs

Funding History

Locus Robotics has completed 2 funding rounds, while Preferred Networks has gone through 2. Locus Robotics's most recent round was a Series F of $117M, compared to Preferred Networks's Series B ($117M). Locus Robotics is at Series F while Preferred Networks is at Series B — different points in their growth trajectory.

Team & Scale

Locus Robotics is significantly larger with about 500-1000 employees, compared to Preferred Networks's 100-500. That's a 5x difference in headcount. Both companies were founded in 2014. Geographically, they're in different markets — Locus Robotics operates out of United States and Preferred Networks from Japan.

Metrics Comparison

MetricLocus RoboticsPreferred Networks
💰Valuation
N/A
N/A
📈Total Funding
$438MWINS
$308M
📅Founded
2014
2014
🚀Stage
Series F
Series B
👥Employees
500-1000
100-500
🌍Country
United States
Japan
🏷️Category
AI Robotics
AI Robotics
Awaira Score
75WINS
72

Key Differences

📈

Funding gap: Locus Robotics has raised $130M more ($438M vs $308M)

🚀

Growth stage: Locus Robotics is at Series F vs Preferred Networks at Series B

👥

Team size: Locus Robotics has 500-1000 employees vs Preferred Networks's 100-500

🌍

Market base: 🇺🇸 Locus Robotics (United States) vs 🇯🇵 Preferred Networks (Japan)

⚔️

Direct competitors: Both operate in the AI Robotics market segment

Awaira Score: Locus Robotics scores 75/100 vs Preferred Networks's 72/100

Which Should You Choose?

Use these signals to make the right call

Locus Robotics logo

Choose Locus Robotics if…

Top Pick
  • Higher Awaira Score — 75/100 vs 72/100
  • Stronger investor backing — raised $438M
  • United States-based for regional compliance or proximity
  • Locus Robotics develops autonomous mobile robots (AMRs) and an AI-powered fleet management system for warehouse fulfillment operations
Preferred Networks logo

Choose Preferred Networks if…

  • Japan-based for regional compliance or proximity
  • Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems

Funding History

Locus Robotics raised $438M across 2 rounds. Preferred Networks raised $308M across 2 rounds.

Locus Robotics

Series F

Jul 2022

Lead: Goldman Sachs

$117M

Series E

Nov 2021

Lead: Tiger Global

$150M

Preferred Networks

Series B

May 2019

Lead: Mizuho Financial Group

$117M

Series A

Oct 2015

Lead: Toyota Motor Corporation

$15M

Investor Comparison

No shared investors detected between these two companies.

Unique to Locus Robotics

Goldman SachsTiger GlobalBondBaillie Gifford

Unique to Preferred Networks

Mizuho Financial GroupFANUCToyotaToyota Motor Corporation

Users Also Compare

FAQ — Locus Robotics vs Preferred Networks

Is Locus Robotics bigger than Preferred Networks?
Neither company has publicly disclosed a valuation, making a definitive size comparison difficult. Locus Robotics employs 500-1000 people, while Preferred Networks has 100-500 employees.
Which company raised more funding — Locus Robotics or Preferred Networks?
Locus Robotics has raised more in total funding at $438M, compared to Preferred Networks's $308M — a gap of $130M. Combined, the two companies have completed 4 known funding rounds.
Which company has a higher Awaira Score?
Locus Robotics leads with an Awaira Score of 75/100, while Preferred Networks sits at 72/100. That 3-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Locus Robotics vs Preferred Networks?
Locus Robotics was founded by Rick Faulk in 2014. Preferred Networks was founded by Toru Nishikawa in 2014. Visit each company's profile on Awaira for a full founder biography.
What does Locus Robotics do vs Preferred Networks?
Locus Robotics: Locus Robotics develops autonomous mobile robots (AMRs) and an AI-powered fleet management system for warehouse fulfillment operations. The platform deploys collaborative robots that work alongside human pickers, dynamically optimizing pick paths, task assignment, and robot routing to increase units-per-hour productivity without full warehouse automation replacement.\n\nThe company raised approximately 426 million USD and has deployed its systems in hundreds of fulfillment centers for customers including DHL, Levi Strauss, and Crate and Barrel, demonstrating enterprise-scale operational deployments with measurable throughput improvements. Locus differentiates through its human-robot collaboration model, which allows customers to scale automation incrementally without the capital expenditure of complete facility redesign.\n\nWarehouse automation is accelerating as e-commerce volume grows and labor costs rise in fulfillment markets globally. Locus competes with 6 River Systems (acquired by Shopify), Fetch Robotics (acquired by Zebra), and Geek Plus, in a market where established operators with large deployed robot fleets benefit from operational data advantages that improve routing and task optimization algorithms over time. Preferred Networks: Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems. The Tokyo company gained international recognition for early competition victories in autonomous navigation and robot manipulation challenges and developed its own deep learning framework, Chainer, which influenced the design of PyTorch before Chainer was eventually retired.\n\nThe company raised approximately $350 million including a landmark $105 million Series A from Toyota Motor Corporation and other strategic investors, making it one of the most valuable AI startups in Japan at the time of its fundraising. Preferred Networks collaborates with Toyota on autonomous driving AI, with NTT on communications AI, and with Fanuc on factory robot intelligence, creating a portfolio of deep technology industrial partnerships that provide both funding and deployment scale for its AI research.\n\nPreferred Networks operates in Japan industrial AI market where established relationships with major manufacturing and automotive companies provide a defensible position that international AI startups find difficult to penetrate through conventional sales approaches. The company research focus on edge AI inference for robotics aligns with Japan competitive strengths in manufacturing automation and precision robotics, markets where AI-enhanced robot intelligence is being adopted to address labour shortages and quality requirements that purely mechanical automation cannot satisfy.
Which company was founded first?
Both Locus Robotics and Preferred Networks launched in 2014. Same year, but even a few months' head start matters in AI — early movers lock in data, talent, and customer relationships fast.
Which company has more employees?
Locus Robotics has about 500-1000 employees; Preferred Networks has about 100-500. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Locus Robotics and Preferred Networks competitors?
Yes — they're direct rivals. Both Locus Robotics and Preferred Networks compete in AI Robotics, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both Locus Robotics and Preferred Networks are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive