Exotec

Exotec is a leading robotics solution for logistics and creator of the Skypod 3D warehouse robots.

Exotec designs an ultra-innovative robotic system to optimize order preparation for e-merchants.

Exotec was founded in 2015 by Romain Moulin and Renaud Heitz. The company is headquartered in Croix, France.

 

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.

 

Exotec’s signature solution, The Skypod system, utilizes robots that can reach a height of 12 meters to enable high-density inventory storage and retrieval. Exotec has always positioned its product as a service that can’t replace humans altogether. An Exotec warehouse is run by a combination of humans and robots.

 

Exotec supports 30+ industry-leading brands spanning e-commerce, grocery, retail, manufacturing, and 3PL sectors. It has recently signed eight large customers in the region, such as Gap and Geodis.

 

Exotec is backed by Goldman Sachs’ Growth Equity, 83North, Dell Technologies Capital, Bpifrance, Iris Capital, 360 Capital Partners, Breega, and others. The company raised $335M in Series D round on Jan 16, 2022. This brings Exotec's total funding to $446.2M to date. The latest round mints Exotec a unicorn with a valuation of $2B post-money.

 

 

  • Year founded: 2015
  • Funding Info: $446.2M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $2B as of Jan 16, 2022
  • City/Town: Croix
  • State: Hauts-de-France
  • Country: France
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