Warehouse intelligence group Dexory scores £123m funding

Editorial Team
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Dexory, a London-based tech agency growing warehouse intelligence and autonomous options, has secured $165m (£123.5m) in new funding a yr after its Collection B.

Identified for its absolutely autonomous warehouse merchandise, Dexory’s robots are in a position to scan and analyse fulfilment centres to collect knowledge on operations.

Within the final yr, the corporate has expanded the attain of its knowledge intelligence platform, known as DexoryView, throughout Europe, North America and APAC. Dexory opened a US headquarters in Nashville, Tennessee.

The brand new funding comes a yr after the agency raised £60m in its Collection B funding spherical.

“This new spherical permits us to carry ahead transformational capabilities that our clients are asking for,” stated Andrei Danescu, chief government and co-founder of Dexory.

“By combining full-stack engineering with zero buyer complexity, we’re constructing superior agentic techniques powered by the trade’s richest set of real-world logistics knowledge. This can assist warehouses and provide chains shift from techniques of document to true techniques of motion.”

The Collection C funding was led by Eurazeo and included participation from LTS Development and Endeavor Catalyst.

“We’re excited to again Dexory as they proceed to scale the influence of their platform and develop their world footprint,” stated Raluca Ragab, accomplice at Eurazeo.

“Dexory’s extraordinary mixture of robotic and software program engineering energy bridges the constraints of the bodily provide chain with the facility of AI-optimised intelligence, harnessing operational knowledge at scale and turning it into actionable insights.

“We see an unlimited world market forward, and Dexory is uniquely positioned to assist the trade leap into the long run.”

Current buyers DTCP, Atomico, Lakestar, Elaia, Latitude Ventures and Wave-X additionally participated, alongside Bootstrap Europe which expanded its progress debt facility.

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