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France 24
France 24
Business

How Amazon inspired France's new unicorn: Robotics startup Exotec CEO on success

France Amazon FRANCE 24 Carrefour Decathlon Uniqlo
PEOPLE & PROFIT © FRANCE 24

The robotics startup Exotec has become France's 25th unicorn company, valued at $2 billion after its latest fundraising round. The firm makes robots for e-commerce depots, and counts big names like Carrefour, Uniqlo and Decathlon among its customers. Exotec's CEO Romain Moulin told FRANCE 24 the inspiration for the company actually came from online retail giant Amazon.

When Amazon decided to keep its Kiva technology in-house, it inspired Exotec's co-founders to build their own fleet of robots for other companies.

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