French company Exotec has raised $90 million to expand its autonomous robotics system as online shopping intensifies demand for more efficient warehouse management.
The round, announced on Tuesday, was led by 83North — with participation from Dell Technologies Capital and existing investors Iris Capital and Breega.
Operating at the intersection of robotics and materials handling, Exotec helps brands solve fulfillment challenges caused by the Amazon effect: the crushing need to get individual...
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