Dell Technologies Capital has returned to back Exotec in a Goldman Sachs-led round that valued the automation robotics system developer at $2bn.

France-based logistics-focused robotics technology developer Exotec closed a $335m series D round yesterday featuring computing technology producer Dell, as the pandemic continues to drive funding for supply chain companies.

Investment bank Goldman Sachs’ Asset Management unit led the round through its growth equity division at a $2bn valuation. It included venture capital firm 83North and Dell was represented by corporate venturing vehicle Dell Technologies Capital.

Founded in 2015, Exotec provides an automated robot system called Skypod which is designed to…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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