Tech Company Financing Transactions
Exotec Funding Round
Exotec closed a $17.7 million Series B venture capital round on 6/12/2018. Backers included 360 Capital Partners, Breega and Iris Capital.
Transaction Overview
Company Name
Announced On
6/12/2018
Transaction Type
Venture Equity
Amount
$17,700,000
Round
Series B
Investors
Proceeds Purpose
With today's funding round, the company plans to build and sell a thousand robots by 2019.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
200 Ottley Dr. NE
Atlanta, GA 30324
USA
Atlanta, GA 30324
USA
Phone
Undisclosed
Website
Email Address
Overview
The story of Exotec Solutions began in 2014, on a bus taking the future co-founders Romain Moulin and Renaud Heitz to work at General Electric Medical. News had just broken in the world of intralogistics: Amazon had decided to keep the revolutionary KIVA robot technology to themselves.
Management Team
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