Tech Company Financing Transactions
Exotec Funding Round
Exotec, based in Atlanta, secured $335 million in funding from Goldman Sachs, 83North and Dell Technologies Capital.
Transaction Overview
Company Name
Announced On
1/27/2022
Transaction Type
Venture Equity
Amount
$335,000,000
Round
Series D
Investors
Proceeds Purpose
The company will use the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands and to hire 500 new R&D engineers by 2025 to accelerate the development of its high-performance warehouse automation technology.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Romain Moulin
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