Dexory Secures $80 Million for AI Robotics Growth
Dexory, a pioneering robotics and data intelligence company based in London, UK, has successfully secured $80 million in Series B funding. This significant investment round was led by DTCP, a notable player in the investment landscape, and garnered participation from several prominent investors including Latitude Ventures, Wave-X, and Bootstrap Europe. Existing stakeholders such as Atomico, Lakestar, and Capnamic also contributed, alongside a selection of angel investors from the logistics industry. This infusion of capital places Dexory in a strong position for future growth, marking a pivotal milestone in its journey to revolutionize warehouse operations.
The intention behind this latest round of funding is to enhance Dexory's offerings, particularly in advancing their artificial intelligence (AI) powered features within the DexoryView platform.
The firm aims to expand its global team, further boosting its operational capabilities. Additionally, the funding will support the acceleration of the deployment of its autonomous robots, which are currently being utilized by key clients such as GXO, Maersk, and DB Schenker. The leadership team, under the guidance of CEO Andrei Danescu, is keen on leveraging this financial backing to solidify Dexory's position as an industry leader in utilizing robotics and AI to redefine efficiency in warehouse settings.
At its core, Dexory is revolutionizing the way warehouses operate by providing real-time insights and analytics through its autonomous robots and the advanced DexoryView platform. This sophisticated product offers unparalleled visibility across warehouses, regardless of their size, by integrating state-of-the-art AI technology. The implications of this technology are already being felt in the logistics and manufacturing sectors, with companies like GXO, Unipart, Yusen Logistics, GE Appliances, and Denso reaping the benefits of improved inventory management and enhanced operational decision-making. With this latest funding secured, Dexory has now raised a total of $120 million over the past three years, positioning itself for continued growth and innovation in the logistics landscape.
They've invested in Dexory
Get to know these Data investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  DTCP | investment(s) investment(s) | more info | |||
2 |  Latitude Ventures | 1 investment(s) investment(s) | more info | |||
3 |  Wave-X | investment(s) investment(s) | more info | |||
4 |  Bootstrap Europe | investment(s) investment(s) | more info | |||
5 |  Atomico | 12 investment(s) investment(s) | 30 contacts contacts | |||
6 |  Lakestar | 5 investment(s) investment(s) | 19 contacts contacts | |||
7 |  Capnamic | 2 investment(s) investment(s) | 14 contacts contacts |
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