Dexory, a UK-based robotics startup founded by Romanians in 2015, has raised $80 million in a Series B funding round.
The investment was led by DTCP with participation from Latitude Ventures, Wave-X, Bootstrap Europe, and existing investors like Atomico, Lakestar, and Capnamic. This round brings significant support as Dexory plans to expand its operations, particularly targeting the U.S. market.
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Enhancing Warehouse Efficiency with AI and Autonomous Robotics
Dexory specializes in using autonomous robots and AI to capture real-time data in warehouses, streamlining inventory management and boosting operational performance. By automating data collection processes, the firms solutions allow companies to gain actionable insights across all levels of their supply chains. The startup has already partnered with major logistics companies, including DB Schenker, Maersk, and Menzies Aviation.
Aiming for Global Expansion
With this fresh capital, the startup plans to scale its operations further into international markets, leveraging its AI-driven robotics technology to optimize warehouse management. As part of the deal, Michael Rager from DTCP will join the company’s board, signaling strong investor confidence in the company’s future growth.
