Exotec
Founded Year
2015Stage
Series D | AliveTotal Raised
$446.7MValuation
$0000Last Raised
$335M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-39 points in the past 30 days
About Exotec
Exotec is a company that specializes in warehouse automation solutions, operating within the robotics and software industry. The company's main offerings include agile robotics and advanced software systems designed to optimize space and improve productivity in warehouses. Exotec primarily serves sectors such as retail, e-commerce, healthcare, grocery, and industrials. It was founded in 2015 and is based in Croix, France.
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ESPs containing Exotec
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The automated guided vehicles (AGVs) & autonomous mobile robots (AMRs) market offers solutions for automating material handling processes in manufacturing, distribution, and logistics centers. These solutions include not only software for building, deploying, and operating robotic fleets but also algorithms for autonomous navigation and perception in dynamic environments. The market also offers si…
Exotec named as Challenger among 15 other companies, including ABB, KUKA, and Symbotic.
Exotec's Products & Differentiators
Skypod robots
The Skypod is a light robot, with a carrying capacity of 30kg. It can move in all directions and reach a height of 12 meters. Autonomous robots are programmed to conduct their inventory sweeps collecting the bins, while the operator stays at the station for final order assembly.
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Research containing Exotec
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Exotec in 13 CB Insights research briefs, most recently on Sep 28, 2023.
Sep 28, 2023
The automation in advanced manufacturing market map
Expert Collections containing Exotec
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Exotec is included in 11 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,371 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,244 items
Robotics
2,006 items
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Grocery Retail Tech
648 items
Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.
Smart Cities
1,307 items
Smart building tech covers energy management/HVAC tech, occupancy/security tech, connectivity/IoT tech, construction materials, robotics use in buildings, and the metaverse/virtual buildings.
Artificial Intelligence
14,769 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Exotec Patents
Exotec has filed 17 patents.
The 3 most popular patent topics include:
- actuators
- automation
- distribution (business)
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
9/2/2020 | 6/4/2024 | Actuators, Valves, Automation, Exoplanets, Synchronous optical networking | Grant |
Application Date | 9/2/2020 |
|---|---|
Grant Date | 6/4/2024 |
Title | |
Related Topics | Actuators, Valves, Automation, Exoplanets, Synchronous optical networking |
Status | Grant |
Latest Exotec News
Sep 17, 2024
Exotec appoints new Head of Projects and VP of Business Development for UK market expansion push Warehouse robotics provider Exotec has announced the appointment of Ada Ajoku as Head of UK Projects, and Bassem Awada as VP of Business Development. It says that these hires will help further drive the company’s growth in the UK, following the recent deployment of Exotec’s Skypod system with its latest UK customer, Alliance Automotive Group UK (AAG), in its newly established major Sheffield warehouse. Ajoku join with over 15 years of experience in the automation industry, most notably at Dematic. Throughout her nine-year tenure at Dematic, she progressed from Project Manager to Director of EMEA, where she led a team of 150 employees and was responsible for client modernisation and upgrade requirements. In her new role at Exotec, whose customers include Carrefour, Decathlon , Gap, and Uniqlo, she will oversee the company’s entire UK project portfolio, partnering with stakeholders on the creation and execution of project plans. She says: “I look forward to joining the talented projects team to achieve best-in-class deployment for customers across the UK, supporting the ongoing project with AAG UK and driving Exotec in its journey to becoming a world leader in robotics automation.” Awada joins Exotec from Amazon, where he pursued an eight-year long career in operations, retail, and the cloud technology business, culminating as Head of the AWS EMEA Marketing Response Centre. His new role will be to identify strategic partnerships and new opportunities for growth, as part of Exotec’s efforts to expand its customer base in the UK. He says: “I am delighted to be joining Exotec at such an exciting time in the company’s development.” “The UK is a key growth area for the business and offers significant potential, so I’m looking forward to attracting new customers, identifying their challenges and ensuring we deliver the best possible solutions, as we build further momentum in Western Europe.” Thomas Genestar, Managing Director of Western Europe at Exotec, says: “The appointment of both Ada and Bassem will be instrumental in the development of our UK activities, combining Ada’s extensive knowledge of the logistics ecosystem and Bassem’s expertise in building and nurturing customer relations.” “With Ada and Bassem onboard, we’re eagerly anticipating what the future holds for our UK business, and look forward to announcing new customer wins in the near future.” 2024 RTIH INNOVATION AWARDS
Exotec Frequently Asked Questions (FAQ)
When was Exotec founded?
Exotec was founded in 2015.
Where is Exotec's headquarters?
Exotec's headquarters is located at 251 rue Jean Monnet, Croix.
What is Exotec's latest funding round?
Exotec's latest funding round is Series D.
How much did Exotec raise?
Exotec raised a total of $446.7M.
Who are the investors of Exotec?
Investors of Exotec include Breega Capital, Iris Capital, Dell Technologies Capital, 83North, GS Growth and 4 more.
Who are Exotec's competitors?
Competitors of Exotec include Mytra, Vecna Robotics, Nomagic, Tompkins Robotics, GreyOrange and 7 more.
What products does Exotec offer?
Exotec's products include Skypod robots and 4 more.
Who are Exotec's customers?
Customers of Exotec include Decathlon, Uniqlo, GAP, Carrefour and Leclerc.
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Compare Exotec to Competitors
inVia Robotics specializes in warehouse automation solutions. The company offers artificial intelligence (AI) powered software and robotic systems designed to orchestrate tasks and improve productivity in warehouse operations. inVia Robotics solutions cater to e-commerce distribution centers and supply chains seeking to enhance efficiency and accuracy. It was founded in 2015 and is based in Westlake Village, California.
GreyOrange focuses on providing automated robotic fulfillment and inventory optimization solutions in the logistics and retail sectors. Their main services include offering automated solutions for warehouse operations and retail stores, which help increase productivity, mitigate labor challenges, and reduce risk. These solutions are powered by artificial intelligence and are designed for warehouse performance and drive shopper engagement in retail stores. It was founded in 2012 and is based in Roswell, Georgia.
Locus Robotics specializes in AI-driven warehouse automation solutions within the robotics industry. The company provides autonomous mobile robots that work collaboratively with humans to enhance productivity and operational efficiency in warehouses. Locus Robotics primarily serves sectors such as third-party logistics, retail and eCommerce, healthcare, and industrial sectors. It was founded in 2014 and is based in Wilmington, Massachusetts.
Geek+ specializes in smart logistics, operating primarily in the robotics industry. The company offers a range of autonomous mobile robots that handle tasks such as picking, sorting, and industrial material handling, providing solutions for logistics and warehouse automation. It primarily serves sectors such as e-commerce, apparel, retail, logistics, pharmaceutical, and manufacturing. The company was founded in 2015 and is based in Beijing, China.
Onward Robotics coordinates humans and robots as a cohesive system for intralogistics fulfillment. The company combines proprietary software with mobile robots to increase operational efficiency and eliminate downtime in warehousing, distribution, and fulfillment centers. The Pyxis technology integrates with company's WMS to prioritize orders, direct and assign tasks, and communicate directly with human workers for continuous and accurate workflow. The company serves industries that include eCommerce, Third Part Logistics, Industrial Warehousing, and Medical supply chains. Onward Robotics was formerly known as IAM Robotics. It was founded in 2012 and is based in Pittsburgh, Pennsylvania.
RightHand Robotics specializes in artificial intelligence and robotics. The company provides robotic piece-picking solutions, which are designed to improve the efficiency and predictability of order fulfillment processes. Its solutions are used across various industries, including pharmaceuticals, apparel, and e-commerce. It was founded in 2015 and is based in Somerville, Massachusetts.
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