Exotec
French warehouse automation maker whose Skypod robots climb storage racks to retrieve bins, orchestrated by its Deepsky warehouse execution software.
Exotec was founded in 2015 by Romain Moulin and Renaud Heitz and is headquartered in Lille, France. It designs, manufactures and integrates the Skypod system, an automated storage and retrieval system in which robots climb the racking to fetch bins, orchestrated by its Deepsky warehouse execution software. The company says more than 75 brands use its systems, that Skypod is deployed at over 200 customer sites and that it passed $1 billion in sales in 2024. Exotec raised $90 million in a Series C led by 83North in September 2020, with Dell Technologies Capital and existing investors Iris Capital and Breega. In January 2022 it announced a $335 million Series D led by Goldman Sachs Asset Management's growth equity business, with 83North, Dell Technologies Capital and Bpifrance's Large Venture fund, and said the round valued it at $2 billion.
- Latest funding
- $335M
- Total funding
- $425M
- Last disclosed valuation
- $2B
- Founded
- 2015
- Country
- France
- Jan 17, 2022Series D$335M
- Sep 29, 2020Series C$90M
- FundingStuttgart's Sereact raises US$110 million led by Headline to sell one robot brain for any machine, starting with the US
- BusinessGeek+ turns an adjusted profit in 2025 as US sales overtake China
- BusinessSymbotic lifts revenue 29% to $630 million and swings to profit, but Walmart still supplies 86% of sales
- FundingMunich's RobCo raises $100 million Series C led by Lightspeed and Exor's Lingotto to take factory robots it rents out to the US
- FundingEx-Tesla team's Mytra raises $120 million Series C led by Avenir Growth after signing a warehouse deal 60 times its largest so far