Warehouse robotics firm Exotec raises $335M, reaches $2B valuation

Exotec Skypicker warehouse robot

Operating in a market that is expected to grow at double-digit rates for the next five years to reach $9.1 billion by 2026 provides plenty of room for investment.

Exotec is the latest to benefit, closing a $335 million series D funding round led by the Growth Equity business within Goldman Sachs Asset Management with follow-on investments from 83North and Dell Technologies Capital.

The funding values Exotec at $2 billion. The company’s last funding round was a $90 million round in September 2020....

https://www.freightwaves.com/news/warehouse-robotics-firm-exotec-raises-335m-reaches-2b-valuation

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