Reading Time: ( Word Count: )

For Its Wharehouse Robots Exotic Raises $90MN

Description: This post may contain affiliate links; this means that if you click on a link and buy something we recommend, we can get a commission. Read more about the affiliate disclosure here.


French venture Exotic has upgraded its $90 million C-Series 83North tour with the participation of existing investors Iris Capital and Brega. Other current investors include 360 Capital. The company works on semi-automated warehouses for e-commerce customers.

The system is based on tiny robots called Skypods. They dig the floor and climb and down the shelves to get cans of standardized products.

The organization additionally gives coordinations programming to facilitate every one of these robots in the distribution center. As you evolve, you can add more robots and racks without any interruptions.

It’s not going to take people’s place completely because you always have to take the goods that are in the trash and pack something. But while robots deal with all circulation, human operators can stay at a workstation.

You can use a workstation to pick up goods and also re-populate warehouses. The idea here is that you’ll never enter exotic territory. It’s a robot zone.

In addition to productivity gains, you can also increase your storage capacity by switching to Exotic with high shelves and narrow corridors.

The organization presently has groups in Atlanta and Tokyo – it intends to deliver 4,000 robots every year by 2021. Everything is produced in a 6,000-square-foot factory in Lille, France. The company now has fourteen systems running worldwide. Customers include Carrefour, Leclerc, Cdiscount and Fast Retailing (Uniqlo).

Exotic previously collected $17.7 million in 2018 and $3.8 million (3.3 million euros) in 2016.

Related Articles

About the Author

Alann Rana

Alann Rana is a content writer about many lifestyles and updates. She writes to expand her skills as a writer. Alann joins Easi Solve in 2019 as Editor. Alann writes for woman needs. Alann shares a lot of important information and very useful tips online. She also helps moms & dads earn and learn from passive articles home with online tips and tricks, so they can do meaningful work that pays the bills– without missing out on their kids' lives.

Subscribe

Advertisement



Most Recent

Join Us

Follow Us

Most Related

Submit a Comment

If you have any idea please give to us. Or leave a beautiful comment to our post.

0 Comments

Leave your suggestion

Subscribe

Join us for latest deals and updates

Share This