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Recently Funded|Amount: EUR 295.0M|Industry: Robotics Engineering

Exotec Secures $295 Million in Funding for Cutting-Edge Warehouse Robotics Solutions

Exotec

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501-1,000 employees employees (Est.)
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Exotec, a pioneer in innovative warehouse robotics, has successfully raised $295 million in its latest funding round, signaling a robust vote of confidence from investors in the company’s transformative approach to logistics. Known for its cutting-edge goods-to-person warehouse robotic solutions, Exotec is revolutionizing the way major brands manage their supply chains by seamlessly integrating superior hardware and intelligent software. Trusted by more than 30 industry leaders, including Carrefour, Decathlon, Gap, and Uniqlo, the company enables clients to elevate operational efficiency, adapt to rapid market changes, and enhance working conditions for their employees. The newly acquired capital will be strategically deployed to further enhance Exotec’s product offerings, allowing the company to accelerate its R&D efforts and expand its global footprint. By investing in advanced technologies and innovative solutions, Exotec aims to address ongoing challenges in e-commerce logistics and supply chain management that are becoming increasingly complex in today’s fast-paced world. This funding round, led by prominent venture capital firms, underscores the growing need for automated systems that not only streamline operations but also drive profitability in a highly competitive landscape. As Exotec continues to grow, its commitment to improving warehouse functionalities and adapting to evolving customer expectations remains at the forefront, paving the way for future success in the logistics sector. For more information about Exotec and its groundbreaking solutions, please visit [Exotec’s website](https://www.exotec.com/en/).
September 10, 2024

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