Exotec raises $90 million for its warehouse robots
French startup Exotec has raised a $90 million Series C round led by 83North, with existing investors Iris Capital and Breega also participating. Other existing investors include 360 Capital. The company has been working on semi-automated warehouses for e-commerce clients.
The system is based on tiny robots called Skypods. They roam the floor and go up and down racks to pick up standardized bins of products.
The company also provides logistics software to coordinate all those robots through the
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