Dexory, a London, UK-based robotics and data intelligence company, raised $80M in Series B funding.
The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry.
The company intends to use the funds for expansion of their artificial intelligence (AI) empowered features across the DexoryView platform, grow its global team and accelerate the deployment of its autonomous robots with customers like GXO, Maersk, DB Schenker and beyond.
Led by CEO Andrei Danescu, Dexory captures real-time insights into warehouse operations using autonomous robots and Artificial Intelligence. Its product, DexoryView, provides comprehensive real-time visibility across warehouses of any size through its autonomous mobile robots and AI. By providing 360-degree visibility into warehouse operations, DexoryView enhances inventory management and operational decision making. It is already making a impact in distribution companies such as GXO, Unipart, Yusen Logistics, as well as manufacturing players such as GE Appliances and Denso.
With the close of the round, Dexory has now raised $120M over the past three years.
FinSMEs
01/10/2024