Dexory Secures $80M Funding to Drive Global Expansion Goals and Development of Groundbreaking Technology
The new funding, made up of a mix of equity and growth debt, will support an expansion of their artificial intelligence (AI) powered 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. A significant focus continues to be on expanding across the US market, where Dexory is already live with customers in seven states. The Series B will also enhance development and production facilities at its
With the close of the round, Dexory has now raised
Dexory’s continued innovation of warehouse optimisation technology will ensure that the firm remains a leader in this space. It is setting new standards and unlocking new value for the warehouse of the future, as businesses continue to manage myriad challenges across their supply chains, amidst cost and service pressures.
The global logistics automation market is expected to grow at a compound annual growth rate (CAGR) of 15% by 2030. The market size will reach around
Dexory directly addresses the logistics market’s urgent need to maximise operating efficiencies across national and global networks. The company’s product, DexoryView, provides comprehensive real-time visibility across warehouses of any size through its autonomous mobile robots and AI. Through unique data sets generated from far-reaching sensor and image data, continuous scanning and the latest AI developments, Dexory unlocks new levels of optimization and seamless efficiency.
“We are incredibly excited about the momentum we’ve built over the past 18 months,” said
“We are very impressed by the progress Dexory has made in transforming warehouse operations with its cutting-edge technology,” said
Dexory’s platform is already making a significant impact in leading distribution companies such as GXO, Unipart,
For more information, please visit Dexory’s website.
About Dexory
Dexory captures real-time insights into warehouse operations using fully autonomous robots and Artificial Intelligence. Using autonomous technology to unlock data and drive insights through all levels of business operations, helping companies boost their performance and unlock their full potential. Instant access to real-time data helps optimise the present, de-risk the future and discover the intractable in each location and at every stage of the product journey through the warehouse and onto dispatch.
Introduced to the market in 2023, the DexoryView solution combines robotics, digital twin and AI technologies to understand, analyse and operate end-to-end warehouse operations, offering unprecedented time to value. For businesses that need to thrive in increasingly complex and competitive markets, DexoryView is the solution for warehouse and supply chain operators to gain full visibility of their operations.
About DTCP
DTCP is an investment management firm with
DTCP Growth invests in leading cloud-based enterprise software companies. The team has made over 30 investments in
*Data from
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Source: Dexory