Romain Moulin co-founded Exotec in June 2015 with Renaud Heitz, who is CTO. The company is based in the Lille area and builds warehouse robots. Angels put in about €340,000 in the first year, and in December 2016 360 Capital and Breega backed it with about €3.3 million.
The first Skypod system went into a Cdiscount warehouse in Bordeaux in early 2017, and the Skypod launched in December 2017. A €15 million round followed in June 2018 and €77 million in September 2020 from 83North.
In January 2022 Exotec raised a $335 million Series D led by Goldman Sachs Asset Management, with Bpifrance Large Venture and 83North. The round valued it at $2 billion, France's first industrial unicorn.
Exotec reached $1 billion in cumulative worldwide sales in 2024 and launched Skypod 2.0 in 2025, with about 1,300 staff. Revenue in 2025 was €340 million. In early 2026 it moved into a new 25,000 m2 headquarters in Wasquehal.