Exotec Touts Tripling Revenue - Opens Atlanta HQ
December 5, 2022
Exotec
officially opened its North American headquarters in Atlanta with a grand
opening ceremony led by CEO and Co-founder Romain Moulin. The new office opening
comes on the heels of Exotec raising $335 million in its series D funding round,
building its 3,000th robot, and tripling global revenue since 2020.
The Atlanta office will support and facilitate Exotec's North American business
growth, which is expected to represent as much as 40% of Exotec's global
business by 2025. Since starting operations in North America, Exotec has signed
16 new partnerships with major organizations across retail, e-Commerce, and
third-party logistics. To date, Exotec employs around 50 professionals in
Atlanta and aims to double the North American headcount by 2025.
Exotec's North American headquarters in Atlanta represents its dedication to the
North American market.
"Our
rapid growth in the North American market demonstrates a strong demand for
scalable and high-performance warehousing robotics solutions," says Exotec CEO
and Co-founder Romain Moulin. "We are proud to make Atlanta the home of our
North American ambitions and we are already seeing a great response from the
local market."
Founded in 2015, in France, by Romain Moulin and Renaud Heitz, Exotec has since
grown to a global presence of 550 employees and is transforming warehouse
efficiencies and output for the world's leading brands including Gap, Geodis,
Ariat, and Decathlon with its revolutionary robotics.
"Exotec choosing Georgia as a base for its North American expansion is a
testament to the state becoming a major technology hub." says Chris Clark,
President and CEO of the Georgia Chamber, "We are thrilled to see world-class
companies like Exotec bring jobs and innovation to our vibrant region."
Exotec's North American headquarters in Atlanta represents its dedication to the
North American market and solidifies its role as a major global player in
warehousing robotics. |