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Dexory Raises £15mn to expand warehouse robotics solution in the US and Europe

Posted on June 27, 2023June 27, 2023
warehouse robotics solution

London-based warehouse robotics firm Dexory has secured £15 million in Series A funding, led by European VC firm Atomico, to facilitate its expansion in the United States and key markets in Central and Northern Europe.

Dexory combines analytics with autonomous robots capable of capturing comprehensive image and sensor data from warehouses. Its digital platform, DexoryView, offers real-time visibility and connectivity across warehouses in the global supply chain.

DexoryView enables fast and accurate inventory management, location tracking, and decision-making in warehouse operations. The funding will also support the development of Dexory’s forecasting and simulation technology and the production of automated robots at its UK facility.

The company aims to double its workforce by year-end. Dexory’s solution is already integrated into major distribution companies, including Maersk and Menzies Aviation, and its technology has gained traction in the market. Atomico partner Ben Blume will join Dexory’s board of directors as part of the investment.

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