Dexory, a leader in robotics and data intelligence for the logistics sector, has successfully raised $80 million in a Series B funding round. Led by DTCP, with participation from Latitude Ventures, Wave-X, Bootstrap Europe, and existing investors Atomico, Lakestar, and Capnamic, the funding will accelerate Dexory’s global expansion and the advancement of its AI-powered warehouse optimization platform, DexoryView. DTCP’s Michael Rager will also join the company’s board of directors.
The new investment, a mix of equity and growth debt, will enhance Dexory’s AI features, expand its global team, and boost the deployment of its autonomous robots with customers such as GXO, Maersk, and DB Schenker. A key focus is on scaling operations across the U.S., where Dexory already operates in seven states, as well as upgrading production facilities at its UK headquarters.
Since launching its autonomous warehouse robots and software platform just 18 months ago, Dexory has raised a total of $120 million and achieved significant growth in the logistics space. The DexoryView platform offers real-time visibility of warehouse operations through autonomous robots and advanced AI. By collecting data from sensors and continuous scanning, the platform optimizes warehouse performance, allowing businesses to meet increasing demands in supply chain management.
“We are excited about the momentum we’ve built,” said Dexory CEO and co-founder Andrei Danescu. “Our AI-driven DexoryView is transforming warehousing and supply chain operations, delivering powerful data insights that help businesses optimize operations.”
The funding positions Dexory to capitalize on the rapidly growing logistics automation market, which is projected to reach $90 billion by 2030. As digital twin technology becomes more prevalent, Dexory’s solutions are poised to play a crucial role in the future of warehouse operations.
Michael Rager, Partner at DTCP, praised Dexory’s progress, stating, “Dexory is perfectly positioned at the intersection of digitization and automation, capturing actionable data from physical spaces to drive efficiency in the supply chain.”
With this funding, Dexory aims to further innovate and expand, providing significant benefits to leading distribution companies like GXO and Unipart, and manufacturing giants such as GE Appliances. Their AI-powered platform is helping companies improve inventory accuracy and reduce manual tasks, ensuring optimal performance in fast-paced logistics environments.
