Exotec

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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