BALYO is a leading provider of advanced autonomous mobile robotic solutions in material handling

BALYO’s robots provide an innovative and flexible solution that enable warehouses, distributions centers and production sites to become more autonomous whilst providing an attractive return on investment to its customers

BALYO targets end-markets including fast moving consumer goods, automotive and logistics and works with blue-chip customers such as P&G, Renault, Nestlé, DB Schenker and FM Logistics

Two partnerships signed with global leaders Linde and Hyster Yale in 2014 and 2015 have allowed Balyo to build a world class reputation in a complex legacy logistics industry

Capital raise proceeds will be mainly used to provide the Company with additional resources to finance sales and marketing expenses to accelerate the commercial ramp-up of the latest generation of robots in 2022 as well as additional R&D expenses related to the implementation of the roadmap of new solutions. The funds raised will also be used for working capital related to the expected growth as well as the general financing needs of BALYO, for a smaller portion, less than 20%, within the framework of the latter allocation


Humans around the World deserve enriching, creative jobs. At BALYO, we believe that pallet movements in DC and manufacturing sites should be left to fully autonomous robots. To execute this ambition, BALYO transforms standard forklifts into intelligent robots thanks to its breakthrough Driven by Balyo™ technology. Its leading geo guidance navigation system enables robots to locate their position and navigate autonomously inside buildings - without the need for any additional infrastructure. To accelerate the material handling market conversion to autonomy, BALYO has entered into two global partnerships with KION (Linde Material Handling's parent company) and Hyster-Yale Group. A full range of globally available robots has been developed for virtually all traditional warehousing applications; Tractor, Pallet, Stackers, Reach and VNA-robots. BALYO and its subsidiaries in Boston and Singapore serve clients in the Americas, Europe and Asia-Pacific. The Company has been listed on EURONEXT since 2017 and its sales revenue reached €21.7 million in 2020.

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Olivier Garnier

Investment Banking

Olivier Garnier senior photo

Olivier Beaudouin

Investment Banking

Olivier Beaudouin photo

Jérôme Guyot

Equity Capital Markets

Khalid Ibrahim

Investment Banking

Khalid Ibrahim photo

Maxime Roi

Investment Banking

Maxime Roi photo

Hugo Fischer

Equity Capital Markets

Deal Team

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