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