Suggestions
Debjit Mukerji
Partner and Venture Capital Investor, NGP Capital
Debjit Mukerji is a highly accomplished individual with a strong educational background in Mechanical Engineering from prestigious institutions.
He holds a PhD, MS, and BS in Mechanical Engineering from Stanford University and the University of California, Berkeley.
Debjit has an extensive professional history and has been associated with several prominent organizations in various roles.
His past roles include being a Partner at NGP Capital, Investor at Skylo Technologies, Board Director at Alaiko, Investor at Locus Robotics, and many more.
Debjit Mukerji has also served in key positions such as the Vice President of Research at Cleantech Group, Director at Siemens Technology to Business (TTB), and Venture Advisor at Draper Nexus Venture Partners.
He has a wealth of experience in the tech and investment sectors, having worked with leading companies in the industry.
Highlights
When we first met Rick Faulk and his team at Locus Robotics a couple of years ago, we recognized they were on to something exciting. Next47 has been an active investor in robotics and autonomous tech for the past five years – amazing companies like Skydio, Gecko Robotics, Inc., Avidbots Corp. and Aeva – and Locus was an exceptional match to the robotics thesis that we had developed, on both technology and business execution dimensions.
We are delighted now to participate in Locus’ $117 M Series F round along with G2 Venture Partners, Goldman Sachs Asset Management and others. This financing will help scale the business further from its already category-leading position in warehouse automation and fuel its path to IPO.
I wanted to share in this blog post some additional background on why we believe the market need and timing for Locus’ AMR solution are exceptional; what makes the product special; and reasons we think the business has enjoyed so much historical success and set itself up for an even greater future.
The takeaways here are valuable for any founding team. The Locus story exemplifies the power of:
(a) deciding to focus on one urgent need where customers are ready to adopt, in both existing and greenfield settings (b) a giant global market opportunity spurred by a secular trend (c) an ultra-reliable product that performs beyond threshold expectations, delighting customers and delivering strong ROI (d) a thoughtful business model and well-crafted and standardized deployment approach that make adoption a snap
Big congrats to everyone on the Locus Robotics team on this amazing funding milestone and looking forward to much more success ahead!
#robotics #supplychain #warehouselogistics #ecommerce #logistics #warehouseautomation
Really enjoyed an intimate dinner last night, hosting with my Next47 colleague Lidiya Dervisheva, talking challenges and opportunities within Supply Chain and Logistics!
Great conversation with amazing founders and ecosystem participants, representing nearly the full spectrum of categories within the space. Excited about all the innovation that exists today and is coming tomorrow to transform how we efficiently produce and coordinate movement of goods around the world.
Anthony Sutardja Mario Paganini Sam Lurye Wei Wei Hsing John Henry Harris Pranay Srinivasan Olivia Hu Alex Freed
#founders #supplychain #logistics #founderstories
