Exotec
Exotec provides a warehouse automation solution featuring the Skypod system, which utilizes a fleet of collaborative mobile robots to enhance order preparation efficiency. This technology optimizes space utilization and productivity, addressing the challenges of slow order fulfillment and limited storage capacity in modern warehouses.
- Hardware
- Industrial Automation
- Logistics & Supply Chain
- Robotics
- Software Only
Funding
Raised to date
$445.8MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
- 83north.com (opens in a new tab)investor website
- breega.com (opens in a new tab)investor website
- delltechnologiescapital.com (opens in a new tab)investor website
- iris.vc (opens in a new tab)investor website
Founders
Product
Problem
Many warehouses face challenges in optimizing space utilization and achieving efficient order fulfillment due to limited storage capacity and slow manual processes. Traditional warehouse operations struggle to keep pace with increasing order volumes and customer expectations for rapid delivery.
Solution
Exotec offers the Skypod system, a warehouse automation solution that utilizes a fleet of autonomous mobile robots to streamline order preparation and maximize storage density. The system's robots navigate a 3D storage structure, retrieving bins and delivering them to ergonomic workstations for order picking. Exotec's Deepsky software suite seamlessly integrates the Skypod system with existing warehouse management systems (WMS), providing real-time control and optimization of warehouse operations. This approach enables businesses to improve order fulfillment speed, reduce labor costs, and adapt to changing market demands.
Target Audience
Exotec's primary customers are businesses in retail, e-commerce, healthcare, grocery, 3PL, and industrial sectors seeking to improve warehouse efficiency and order fulfillment speed.
Features
- Collaborative mobile robots (Skypod) for automated goods-to-person order fulfillment
- High-density storage system with racks, bins, and trays to maximize space utilization
- Deepsky warehouse software for real-time control and integration with WMS
- Ergonomic workstations for efficient and accurate order picking
- Skypath smart conveyor system for flexible and reconfigurable material handling
- Scalable and modular design for easy expansion and adaptation to changing needs