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Locomation: Funding, Investors & Team (Sep 2026)

Locomation provides a trucking technology platform that combines autonomy and driver augmentation, initially through its Autonomous Relay Convoy (ARC) system. The company is headquartered in Pittsburgh, Pennsylvania.

locomation.ai LinkedIn Pittsburgh, United States 51-100 employees
Autonomous Vehicles Robotics Transportation
Total raised
$40.0M
Rounds
1
Latest
Convertible Note
Jul 2021

Locomation has raised $40.0M across 1 funding round on record, the most recent a Convertible Note of $40.0M announced in Jul 2021.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Locomation Company Profile and Key Stats

Total funding raised
$40.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Convertible Note
$40.0M in Jul 2021
Employees
51-100
reported band
Headquarters
Pittsburgh, United States

Latest funding round on record: Jul 2021.

Locomation Funding Rounds

Date
Round
Amount
Convertible Note
$40.0M

Locomation Founders and Leadership Team

Name
Role
Contact
Cetin Mericli
CEO
Locked

Contact details for the Locomation team: 1 of 1 has an email address on file.

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Locomation Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
29,722
$7.5M

Locomation's latest round of $40.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Locomation Funding FAQs

What does Locomation do?

Locomation provides a trucking technology platform that combines autonomy and driver augmentation, initially through its Autonomous Relay Convoy (ARC) system. The company is headquartered in Pittsburgh, Pennsylvania.

How much funding has Locomation raised?

Locomation has raised $40.0M across 1 round on record. The most recent is a Convertible Note of $40.0M announced in Jul 2021.

When did Locomation last raise funding?

Locomation's most recent funding round on record is a Convertible Note of $40.0M, announced in Jul 2021.

Who is the CEO of Locomation?

Cetin Mericli is listed as CEO at Locomation.

Where is Locomation headquartered?

Locomation is based in Pittsburgh, Pennsylvania, United States.

How many employees does Locomation have?

Locomation is in the 51-100 employee band.

How does Locomation's funding compare to other Hardware startups?

Locomation's latest round of $40.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Locomation Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Locomation is left off this page rather than filled in.

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