French startup Exotec has raised a $335 million Series D round in a new round of funding led by Goldman Sachs’ Growth Equity business. Following today’s investment, the company has reached a valuation of $2 billion.

Following today’s investment, the company has reached a valuation of $2 billion. The startup has created new robots to remove humans from one more step of the ordering process. With the Skypickers though, the startup is positioning itself as a logistics advantage in a tight labor market. Following today’s funding round, the startup plans to hire 500 engineers by 2025 and continue its push in North America. Decathlon is also using Exotec in its Montreal fulfillment center.

Warehouse Robotics System Exotec Raises $335 Million

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Warehouse Robotics System Exotec Raises $335 Million

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