Exotec raised $335 million in a Series D round from Goldman Sachs Asset Management, 83North and Dell Technologies Capital.

France United States Israel 14 January 2022
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Exotec, a Croix, France-based manufacturer of warehouse robots, raised series D funding round closed at $335 million.

The money was raised from investors led by Goldman Sachs Asset Management, with follow-on participations from 83North and Dell Technologies Capital. The deal is said to value the company at $2 billion.

Exotec, founded in 2015 by CEO Romain Moulin and Renaud Heitz, builds robots and software that automate the collection and moving of stock. The company aims to produce up to 4,000 robots a year by 2021 and also provides logistics software to coordinate all those robots through the warehouse.

Exotec previously raised $90 million in a round led by 83North in 2020.

Total investments received (USD): 446.18M

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