Exotec’s €76 Million Series C Financing

Goodwin Procter LLP advised 83North on the deal.

83North acted as lead investor in a €76 million (US$ 90 million) Series C financing in the French company Exotec, investing alongside existing investors 360 Capital Partners, Breega, and Iris. Exotec builds automated robots to optimize e-commerce warehouses.

83North is a global venture capital firm with over $1B under management. The fund invests across all stages, in exceptional entrepreneurs whose focus is to build global category-leading companies.

The Goodwin team was led by Bill Schnoor (Picture), Thomas Beaudoin, Thomas Dupont-Sentilles, Félicien Bardsley, Aymeric Jean, and Joel Lehrer.

Involved fees earner: Félicien Bardsley – Goodwin Procter; Thomas Beaudoin – Goodwin Procter; Thomas Dupont-Sentilles – Goodwin Procter; Joel Lehrer – Goodwin Procter; William Schnoor Jr. – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: 83North Ltd.;