UK-based robotics and AI company Dexory has closed an $80 million Series B funding round, marking a major milestone in its mission to transform the warehouse and logistics industry. The round, led by DTCP with participation from Latitude Ventures, Wave-X, and Bootstrap Europe, also saw contributions from existing backers like Atomico, Lakestar, and Capnamic. The funds will fuel Dexory’s international expansion, particularly in the U.S., and enhance the development of its robotics platform, DexoryView.
The new funding, a mix of equity and growth debt, brings Dexory’s total capital raised to $120 million over the past three years. As part of the deal, DTCP’s Michael Rager joins Dexory’s board, reinforcing investor confidence in the company’s trajectory. Dexory plans to use this investment to scale its autonomous robots and AI-powered systems, which are already deployed with high-profile customers such as GXO, Maersk, and DB Schenker.
“The momentum we’ve built over the past 18 months is incredible,” said Dexory CEO and co-founder Andrei Danescu. “DexoryView is driving real digital transformation, and with the data we’re collecting, we’re setting new benchmarks in warehouse optimization.”
DexoryView offers real-time visibility into warehouse operations, leveraging autonomous mobile robots equipped with advanced sensor and image technology. This generates actionable insights to streamline workflows and boost operational efficiency. The platform also creates digital twins of warehouse spaces, allowing businesses to simulate future scenarios and optimize performance. Major customers, including DB Schenker and ID Logistics, have already reported significant gains, such as improved inventory accuracy and reduced manual labor.
As Dexory continues to expand its global footprint, it is uniquely positioned to capitalize on the booming logistics automation market, which is projected to reach $90 billion by 2030. With the growing demand for digital twins, AI-driven efficiency, and real-time operational data, Dexory is on track to lead the next wave of innovation in warehouse automation.
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