360 Capital is a Venture Capital firm investing in early stage, innovative deeptech & digital enterprises across Europe. The firm has a 20-year track record of supporting talented tech entrepreneurs in developing ambitious & disruptive companies in a variety of sectors. Led by a diverse and experienced team of professionals located in Paris and Milan, 360 Capital has €400M of assets under management and an active portfolio of over 50 companies. A few examples from our current portfolio include Alsid, Earthcube, Exotec, Arbe Robotics, Sophia Genetics, Le Slip Français and Tediber.  Find out more on our website!

360 Capital

Breega propels pioneering and purpose-driven founders from idea into impact. We closed our first fund in 2015 and now have half a billion AUM and 70+ trailblazing portfolio companies. Crafted for founders by founders, we built Breega to provide start-ups with the help we wish we'd had. And we’ve created an investment proposition that’s purposefully designed. We call it full stack funding: providing capital and connections, expertise and experience, support and solidarity for entrepreneurs at every step of their journey. We invest across Europe and internationally, focusing on pre-seed to Series A+.

Breega

Iris Capital is a European VC specialized in digital, fueling entrepreneurs from early stage to growth since 1986.  From Paris, Berlin, San Francisco, Tel Aviv, Tokyo and Dubai, Iris Capital supports start-ups and scale-ups in their global expansion with the unique support on its multi corporate partners, including Orange, Publicis, Valeo and BRED. Iris Capital invests in various industries, from platforms to Saas, AdTech, IT infrastructure, cybersecurity, IoT, robotics and mobile services, and is always looking for ambitious industry disrupters led by unique entrepreneurs across the world.

IRIS

83North is a global venture capital firm with more than $1.8B million under management. The firm invests across all stages of consumer and enterprise companies and backed some of the fast-growing category leaders. 83North has two main offices in London and Herzliya.

83North

Dell Technologies Capital is the investment arm for Dell Technologies.  We’ve invested in over 100 companies that push the envelope on digital technology for enterprises and consumers.  We are a team of world-class investors who help our companies succeed.  We focus on early-stage investments with passionate founders. Our companies gain unique access to the go-to-market capabilities of Dell Technologies. For more information visit www.delltechcapital.com

Dell Technologies Capital

Goldman Sachs Asset Management provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  They seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. It was founded in 1991 and is headquartered in New York, United States.

Goldman Sachs Asset Management

Bpifrance provides financial solutions for companies that are booting up the listing on the stock exchange and credit equity. It includes OSEO, CDC Entreprises, FSI, and FSI Regions to offer in your area of financial solutions at every stage of the life of your business.

Bpifrance

Exotec

Exotec is the designer and manufacturer of the Goods to Person SKYPOD solution which enables order preparation in retail logistics in any sector of activity. The SKYPOD is a robotic order picking system but can also be used as a buffer solution for prepared orders and can be installed in cool or ambient environments. Upstream and downstream of SKYPOD, we customize according to the level of automation sought, according to the logistics characteristics and distribution channels of our customers. Our customers seek performance and flexibility in our solution: All our solutions are dimensioned as accurately as possible for the flow and stock required We can support the growth of the activity without interrupting production by simply adding robots, stations or racks

Based in France, Exotec develops an automated order picking system named “Skypod” for retailers, which is capable of prioritizing orders for optimum responsiveness by automating the movement of goods from bin storage to workstation.

Speeding up sales, cutting costs, and preparing for the future of retail—whether brick-and-mortar or online.

Retail Industry Robots

Based in France, Exotec Solutions (Exotec) develops warehouse automation solutions. Its main offering “Skypod,” is an automated storage and retrieval system (ASRS) with the ability to prioritize orders by automating the movement of goods from bin storage to workstations. Skypod units are powered by autonomous mobile robot (AMR) technology and have the ability to travel at high speeds and move in 3D environments.

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

Exotec 

Exotec Achieves ISO/IEC 27001:2022 Cybersecurity Certification, Highlighting Its Commitment To Information Security

Auchan Retail

To implement the Skypod automated storage and retrieval system (ASRS) at Auchan Retail Luxembourg's Dudelange warehouse.

Companies developing automation technology for warehouses like robots (including inventory drones), cobots, automated storage and retrieval systems (ASRS), and related software.

Based in France, Exotec develops an automated order picking system named “Skypod” for retailers, which is capable of prioritizing orders for optimum responsiveness by automating the movement of goods from bin storage to workstation.The company’s Deepsky software uses mathematical models to control its fleet of bin-carrying robots to ensure continuous activity. Deepsky software can be integrated with Exotec’s software and third-party automation equipment. It can also collect data for improved performance visibility. The Skypod system can be integrated with the rest of the warehouse logistics chain or used as a standalone fulfillment system.Key customers and partnershipsExotec’s retail customer partnerships include retailers such as Carrefour, Ariat, Supplyweb, Cdiscount, and Monoprix. As of April 2023, Exotec had deployed 5,000 Skypod robots.Exotec partnered with Advanced Handling Systems (AHS), a system integrator and provider of material handling and storage systems, to deploy Exotec’s solution in North America. AHS has deployed Exotec’s solutions for Ariat International, Comoto Holdings, and Gymshark.

RADAR provides an integrated hardware and software solution powered by RFID with computer vision technology for automated inventory monitoring and autonomous checkout for retailers. The company’s technology was developed in-house, using proprietary signal processing technology and location algorithms.RADAR’s inventory monitoring solution provides real-time inventory insights and can reportedly track inventory location with slight movements. It enables retailers to track customer interactions with inventory, down to item levels.&nbsp;RADAR’s software also uses computer vision and RFID to monitor customer-product interactions within the stores and maintains a virtual cart of items picked up by customers, facilitating automated checkouts.&nbsp; &nbsp;&nbsp;Key customers and partnershipsAs of August 2023, the company had implemented its platform across over 1,000 stores.

RADAR

Chile-based Zippedi provides autonomous mobile robots for inventory fulfillment and store management via its robot Bruno. The robot is 70 centimeters tall, weighs 30 kilos, and uses&nbsp; AI to detect insufficient inventory, incorrect price labels, and misplaced items. Bruno is equipped with high-resolution cameras and various sensors for generating real-time information.&nbsp;In July 2020, the company introduced more features to help retailers better manage their inventory by adding a mapping feature for third-party platforms enabling them to identify the specific aisle to pick up items using their app. Zippedi also allows integration with third-party platforms. In January 2023, Zippedi launched Bruno App to enable retail employees to manage Bruno using their mobile devices.Key customers and partnershipsAs of January 2023, Zippedi’s Robots were available in 200 stores across North and South America, with plans to expand deployment to Australia and Germany. Bruno was initially deployed in five supermarkets in Chile in October 2019, including Cencosud,&nbsp; Tottus, Home Center, and Walmart.In <a href="https://sp-edge.com/updates/29105">April 2024</a>, Zippedi teamed up with supermarket chain SMU to deploy autonomous mobile robots (AMR) at Unimarc supermarkets. Zippedi planned to roll out the technology in six Unimarc stores across Chile.

Zippedi

BrainCorp is a software development company that specializes in AI systems for the autonomous robotic industry. The company develops specialized operating systems for autonomous robots, integrated with advanced machine learning and computer vision systems. The company’s pre-product work was doing R&amp;D for Qualcomm Inc. and the US Defense Advanced Research Project Agency (DARPA).&nbsp;&nbsp;Brain Corp’s key product offerings solutions include autonomous inventory management, which utilizes computer vision and RFID technology to monitor shelf inventory and generate inventory insights; “BrainOS Inventory Insights,” the company’s proprietary in-store inventory analytics solution; and inventory scanning robots to generate actionable inventory insights such as shelf-restock alerting, price tag compliance alerting, planogram compliance, and task management automation. The comapny’s solution utilizes Google Cloud's Vertex AI Vision models. In <a href="https://sp-edge.com/updates/26301">January 2024</a>, Brain Corp announced the launch of its “BrainOS InventoryAI Suite,” a suite of AI-powered inventory analytics solutions that enables retailers to integrate inventory intelligence into their operations.Brain Corp’s Floor Care solutions utilize advanced cameras and LiDAR sensors to manage fleets of floor cleaning autonomous mobile robots. Brain Corp’s technology also powers Inventory Scan, a floor-scrubber robot integrated with shelf analytics technology developed in partnership with Tennant. In January 2022, the company introduced BrainOS Mobile, which directly connects operators and managers with their BrainOS-powered robotic fleets. In September 2023, it launched <a href="https://sp-edge.com/updates/21622">Site Maps,</a> a feature that provides visual representations of a facility's environment and insights into site operations.Key customers and partnershipsAs of March 2024, BrainCorp had over 32,000 robots subscribed to the company’s BrainOS platform across autonomous floor scrubbing, autonomous vacuuming, and autonomous inventory scanning segments. In October 2022, Sam’s Club deployed floor-scrubber robots integrated with Brain Corp’s inventory scanner technology across 600 stores.&nbsp;BrainCorp’s operating systems power 1) Whiz, an autonomous vacuum cleaner sold by Softbank robotics and ICE Robotics, 2) Inventory Scan, and 3) <a href="https://sp-edge.com/updates/26301">Dane AIR</a>; an autonomous inventory scanning robot developed by Dane Technologies.&nbsp;It also announced the adoption of <a href="https://sp-edge.com/updates/10838?industryIds=17">Google Cloud</a> in May 2022 as the core technical infrastructure to manage its autonomous mobile robot (AMR) fleets to offer data integration and reporting capabilities to users. The company also has a partnership with JRTech Solutions, Canada's largest Electronic Shelf Labels (ESL) provider, to distribute BrainOS Sense Suite in Canada (<a href="https://sp-edge.com/updates/35635">October 2024</a>).

Brain Corp

Cosmose offers a customer analytics platform that helps in analyzing and predicting customer off-line shopping behavior. The company keeps track of the offline shopping behavior of over 1 billion people, using artificial neural networks to predict who is likely to visit a store. The platform provides insights on customers that did not make a purchase, window shoppers, and the customers that went into the fitting room (in fashion retail) but did not buy anything. Users can also connect with competitors’ customers as well to analyze their behavior. In order to protect the privacy of consumers, the company uses alphanumeric IDs named OMNIcookies which do not collect personal information. The company has offices in Europe and Asia.Key customers and partnershipsThe majority of the company’s customers are from China and Japan which includes Walmart, Marriott, Samsung, LVMH, and Shu Uemura. As of April 2023, Cosmose’s technology was used in over 20 million venues in Asia.In April 2023, Cosmose announced plans to apply Web3 principles to advance the company’s retail ecosystem as part of a strategic partnership with NEAR Foundation, a Web3 technology company.

Cosmose

Companies developing robots that offer directions, assist with queries, and provide in-store entertainment to customers while providing insights on customer behavior. 

Companies that develop autonomous cleaning and sanitation robots for use in retail floors. 

Companies developing stock counting, price tagging, and consumer data aggregation robots mainly targeted for use in supermarkets and department stores.  

Companies developing robotic technology for automated online order preparation solutions and micro-warehousing centers designed to assist SME retailers with order fulfillment.

Companies in “customer analytics” and “inventory management” often use technologies such as AI and ML

Almost all companies operating in micro fulfillment and floor cleaning segments use robotics

Companies in "customer analytics" and "inventory management" often makes use of technologies such as IoT

Compared with 4G, 5G is better suited for heavy density of professional service robots

Based in France, Exotec Solutions (Exotec) develops warehouse automation solutions. Its main offering “Skypod,” is an automated storage and retrieval system (ASRS) with the ability to prioritize orders by automating the movement of goods from bin storage to workstations. Skypod units are powered by autonomous mobile robot (AMR) technology and have the ability to travel at high speeds and move in 3D environments.Skypod system is supported by Exotec’s end-to-end warehouse software, “Deepsky,” which uses technologies such as Webservices, RESTful API, and nodeRed to control elements of the Skypod system. Exotec can be integrated with warehouse management and warehouse control systems and enables Skypod to be integrated with third-party automation equipment. It also collects real-time data for performance visibility.Exotec’s other warehouse solutions include “Skypicker, ” an automated picking arm that uses machine learning-based vision to pick items from the Skypod robots and place them into fulfillment containers, and “Skypath,” an API-based modular plug-and-play conveyor system. It also builds stations made up of a ramp, a screen, and scanners for smaller warehouse spaces that use Skypod robots.The company offers its products on a robotics-as-a-service (RaaS) basis and has a presence in multiple countries in the Asia-Pacific, Europe, and North America.Key customers and partnershipsAs of February 2022, Exotec served over 50 companies. Its customers include Decathlon, Carrefour, Cdiscount, Uniqlo, Gap, Monoprix, Logilec,&nbsp;<a href="https://sp-edge.com/updates/26080">Lane Automotive,</a> and&nbsp;<a href="https://sp-edge.com/updates/35243">Auchan Retail Luxembourg.</a>The company also has partnerships with system integrators such as 1) <a href="https://sp-edge.com/updates/24045">Bastian Solutions </a>and Advanced Handling Systems (AHS) to deploy Skypod systems in North America for retailers such as Gap, Ariat International, and GEODIS; 2) Korea-based engineering and IT service provider POSCO DX to expand its presence in South Korea. Its other integrator partnerships include Hy-Tek Intralogistics, Bastian Solutions, Klinkhammer Intralogistics, Unitechnik Systems GmbH, A1Sorter, LAC Conveyors &amp; Automation, Dexter Intralogistics, POSCO DX, Okura Yusoki, and IHI.&nbsp;

<div>
 
 Boxbot develops automated sorting and storage solutions for warehouses. The company, which previously focused on developing autonomous delivery vehicles (ADVs) for 
 <a href="https://sp-edge.com/industry/1">
 last-mile delivery automation,
 </a>
 announced the shift in focus to develop warehouse robots 
 <a href="https://sp-edge.com/updates/22292">
 in September 2023.
 </a>
 It offers intelligent 3D parcel handling conveyor systems, specifically designed to increase storage density within a smaller footprint. Its platform can store, sort, and sequence high-throughput payloads while requiring minimal physical space. The company claims the system can handle up to 4,000 parcels per hour. The system is powered by &ldquo;Boxbot OS,&rdquo; which provides advanced analytics, systems controls, and predictive maintenance features.
 
 
 Key customers and partnerships
 
 
 Boxbot was in discussions with partners and had identified several sites for testing its warehouse automation technology as of September 2023. The company has conducted pilot tests in various use cases and notes the technology can be deployed at last-mile delivery centers, bonded storage warehouses, and customer pickup locations.
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/22292">
 In September 2023,
 </a>
 Boxbot raised USD 12 million in a Series A funding round led by Playground Global to strengthen its engineering and business operations and accelerate its go-to-market approach.
 
</div>

Boxbot

Berkshire Grey provides AI-powered robotic solutions for ecommerce fulfillment automaton, smart store replenishment, package sortation, and micro-fulfillment solutions, targeting retail, ecommerce, and third-party logistics (3PL). Its product portfolio includes robotic pick-and-pack solutions, robotic induction stations, robotic pick-and-sort solutions, and mobile robotic fulfillment solutions. Berkshire Grey specializes in configuring, installing, commissioning, and servicing these solutions for customers. It also provides additional professional services, such as system maintenance, system operation, and cloud-based monitoring and analytics.The company offers its product with a variety of purchase options, including outright sale and robotics-as-a-service (RaaS), which allows customers to use the offerings without incurring large, up-front capital expenses.Berkshire Grey generated revenue of US 65.9 million in 2022; however, it was yet to turn profitable, as its operating loss amounted to USD 113.8 million. The company has been listed on the Nasdaq since August 2021 via a merger with a special purpose acquisition company (SPAC), which valued the combined entity at USD 2.7 billion (February 2021). However, the company entered a definitive merger agreement with its investor SoftBank Group in March 2023, which also took the company private (transaction closed in July 2023).Key customers and partnershipsBerkshire Grey’s customers include Global 100 retailers and logistics service providers, such as Walmart, FedEx, Ceva Logistics, Target, Maersk, and Bealls.The company also has partnerships with system integrator of fulfillment and distribution solutions AHS (September 2021), technology service provider Atos (October 2021), data-driven robotic solutions provider Swisslog (March 2022), autonomous mobile robot developer Locus Robotics (January 2023), and intralogistics solution company Kardex <a href="https://sp-edge.com/updates/33225">(September 2024)</a> to expand markets by combining technologies.

Berkshire Grey

ShipBob is a cloud-based third-party logistics (3PL) platform that offers a fulfillment order platform for small and medium-sized ecommerce businesses. ShipBob's proprietary technology covers the entire fulfillment process, including order and inventory management, warehouse management, predictive data and analytics, and optimized shipping (package delivery within 1–2 business days) for ecommerce companies. The company operates as a B2B software-as-a-service (SaaS) company.ShipBob operated a network of 50+ fulfillment centers across the US, Canada, Mexico, Europe, and Australia (as of April 2024). These centers serve as storage and distribution hubs for ShipBob's customers. ShipBob also <a href="https://sp-edge.com/updates/32676">facilitates Section 321-compliant order fulfillment</a> from Canada and Mexico, which allows merchants to reduce paperwork, speed up delivery times, and save on transportation and duties for high-tariff goods shipped to US consumers.The company also provides a merchant application that enables users to monitor inventory levels and facilitates communication with the warehouses for selecting items to fulfill orders and arrange their shipment. ShipBob then integrates with various shipping companies to ensure the delivery of orders to customers.Key customers and partnershipsThe company had 7,000+ customers as of April 2024. Its customers include PetLab, Bloom Nutrition, Storelli, zBiotics, Semaine Health, Postal, Bruce Bolt, Baby Doppler, Earthley, Spikeball, Pit Viper, Oxford Healthspan, RIFRUF, Food Huggers, NutriPaw, FlutterHabit, Quadrant, Juspy, and SuperSpeed Golf.The company has integrations with multiple platforms to ensure a smooth fulfillment process. Such integrations include the following:1) Ecommerce platforms and marketplaces such as Shopify, Amazon, BigCommerce, eBay, Magneto, Squarespace, Walmart, Wix, WooCommerce, Netsuite, <a href="https://sp-edge.com/updates/22208">TikTok Shop,</a> and <a href="https://sp-edge.com/updates/30330">Adobe Commerce</a> integrations2) Ecommerce operations, inventory, and order management platforms such as Brightpearl, Birj, Cogsy, PackageBee, SPS Commerce, Zentail, Shipyard, Logicbroker, Order Desk, Fulfil.io, and Cin73) Returns management platforms such as HappyReturns, Loop returns, ReturnLogic, and Returnly4) Freight and shipping solutions such as DHL, FedEx, UPS, Flexport, Freightos, Route, Rush, Shippo, ShipStation, Anvyl, AfterShip, and Echo Global LogisticsIts other integrations include ecommerce marketing and customer support providers; custom packaging and design solutions providers; branding, marketing, and web development agencies; and accounting, tax, and financing service providers.

ShipBob

Locus Robotics develops autonomous mobile robots (AMR) for warehousing and manufacturing operations. It offers three main AMR solutions: 1) “Locus Origin,” an AMR designed for collaborative, high-volume order fulfillment; 2) “Locus Vector,” designed to handle small to medium payloads; and 3) “Locus Max,” designed for larger payloads. The AMR solutions are backed by “LocusONE,” a warehouse automation platform that uses AI and data science to deploy and manage the AMRs. LocusONE also generates real-time actionable insights to support operational decisions. The AMRs allow integration with warehouse management systems and warehouse control systems. The company also offers warehouse automation solution “LocusEmpower,” which supports a range of fulfillment types including zone-picking, discrete order picking, batch picking, and wave picking. It also offers <a href="https://sp-edge.com/updates/27481">"LocusHub,"</a> an AI/ML-powered cloud-based business intelligence engine grounded with LocusONE for advanced analytics.The company offers its products on a robotics-as-a-service (RaaS) basis. In April 2024, Locus’s AMRs achieved the landmark of completing more than 3 billion unit picks.In September 2021, Locus Robotics acquired AMR provider Waypoint Robotics, which offers AMRs that are industrial-strength with omnidirectional mobility features, enabling Locus Robotics to gain access to new market segments. Key customers and partnershipsAs of May 2023, the company had deployed its technology at 250+ locations in partnership with 100+ brands. Its global customers include Ceva Logistics, Boots, Cardinal Health, <a href="https://sp-edge.com/updates/27443">GEODIS, </a>DHL, DSV, JAS, Ryder, UniPharma, UnitedDrug, Go Retail Group, Bluegrass Supply Chain, FM Logistics, UPS, UPS Healthcare, VF Corporation, <a href="https://sp-edge.com/updates/27275">Booktopia,</a> <a href="https://sp-edge.com/updates/27659">John Lewis &amp; Partners</a> and ​<a href="https://sp-edge.com/updates/33695">​KSP Fulfillment</a>.In <a href="https://sp-edge.com/updates/30676">June 2024</a>, Locus Robotics entered a strategic partnership with Zion Solutions Group to integrate Locus's robotic solutions with Zion's supply chain solutions.Funding and financialsAs of November 2022, the company reported having USD 100 million+ in contracted recurring revenue.In November 2022, Locus Robotics <a href="https://sp-edge.com/updates/14949?industryIds=6">raised USD 117 million </a>in Series F funding co-led by Goldman Sachs Asset Management and G2 Venture Partners, valuing the company at “close to” USD 2 billion. The funds were to be used to facilitate the company’s continued growth and further expand global operations.

Locus Robotics

Include companies providing automated ecommerce fulfillment, store replenishment, and package sortation solutions.

Companies offering automated vendor evaluation and management, demand forecasting, and inventory management.

Companies that offer warehousing and ecommerce fulfillment with technology developed in-house.

Uses connected devices and sensors to gather information—mainly relevant for the visibility segment

Uses robotics solutions for warehouse operations and fulfillment

Automated fulfilment solutions and warehouse automation broadly fall under industry 4.0

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 Warehouse robotics company Exotec has teamed up with Auchan Retail Luxembourg to bring the Skypod automated storage and retrieval system (ASRS) to Luxembourg for the first time, with its implementation at the Dudelange warehouse. 
 The Skypod system, composed of 37 installed robots, is designed to ascend 12-meter-high shelves and process 915 orders each hour from a total of 15,300 bins. The system, which requires 749 sq m of space, has resulted in a 66% reduction in the previous space requirement while allowing a 17% increase in available products, with an inventory of over 13,000 items now. 
</div> Analyst QuickTake: 
 Today’s partnership adds Auchan Retail Luxembourg to Exotec’s growing list of customers, including <a href="https: 
//sp-edge.com/updates/26080"> Lane Automotive, </a> Decathlon, Carrefour, Cdiscount, Uniqlo, Gap, Monoprix, Logilec, and other system integrators.

Exotec

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