Canvas Category Machinery : Industrial Robot : Warehouse

Website | Video

Primary Location Croix, France

Financial Status VC-D; Goldman Sachs, 83North, Dell

Exotec designs revolutionary robotic systems for the supply chain. Our robots are designed to connect mathematics, mechanics and humans, with the latter always at the focus of our attention. We create robotic systems to help e-merchants and retailers meet the great challenge of the seamless customer journey and allow women and men to engage in exciting career paths.

Assembly Line

Industrial robotics company Exotec raises $335M to ‘improve supply chain resilience’

📅 Date:

✍️ Author: @psawers

🔖 Topics: funding event

🏢 Organizations: Exotec

Exotec, a French robotics company used by some of the world’s biggest retailers and enterprises, has raised $335 million in a series D round of funding at a $2 billion valuation. Founded out of Lille in 2015, Exotec has created autonomous industrial robots called Skypods that move horizontally and vertically, constituting part of a broader “goods-to-person” picking system that promises to improve companies’ productivity while also alleviating human works from physical exertion.

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