Startup iFollow, incubated at Agoranov in 2017, announces a €7.5M fundraising round
iFollow develops autonomous mobile robots (AMR) aimed at facilitating order picking, transporting heavy loads in warehouses or helping to build up a supply chain.
With this round of financing, the 40-employee start-up intends to take the next step and market their autonomous robot for logistics.
"The pilots worked well, now the objective is to scale up" explains Vincent Jacquemart, CEO of iFollow.
This round of financing was led by Supernova Invest alongside Socadif and with the support of BpiFrance.
"iFollow addresses a very deep global mass market worth tens of billions. There are at least 50,000 industrial sites with needs that iFollow can meet in Europe, and 100,000 industrial sites and 30,000 warehouses worldwide" said David Hansen, investment director at Supernova Invest.
Congratulations to the team and good luck!
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