Event

Exotec raises $335m to become France's fourth unicorn in 2022

Jan 17, 2022 · Funding · Exotec · Logistics

  • Exotec raised $335M to become France's fourth unicorn in 2022, with revenues growing from €20M to €105M in two years.
  • The company joins PayFit, Ankorstore, and Qonto in the French unicorn stable.
  • The financing supports continued product development, deployment scaling, and commercialization of the company's robotics platform.

Exotec develops warehouse robotics and automation systems for order fulfilment, store replenishment and omnichannel logistics. Its core system combines mobile robots, high-density storage racks, picking stations, warehouse execution software and integration services for retailers, logistics providers and manufacturers.

Company
Exotec
Segment
Logistics
Event type
Funding
Geography
Lille · France