The British Business Bank has backed the warehouse robotics provider as part of its recent Series C round.
"The UK consistently produces companies with market-leading technology, which need greater domestic backing to scale globally. The Bank is stepping up to ensure companies like Dexory have the capital they need to innovate and expand here in the UK. We are working with fund managers to create deeper pools of capital and are increasing the scale of our co-investing activity, which directly increases the size of funding rounds for high-potential UK companies."
Amadeus Capital Partners and Oxford Science Enterprises led the pre-seed round to accelerate the deployment of the robotics intelligence platform.
"Stateless systems treat every decision in isolation and cannot remember previous incidents or how work actually flows through a site. Stateful’s platform builds a persistent, shared model of tasks, environments and past behaviour that lets robots adapt to disruption and complete missions safely without constant supervision."
Seraphim Space led the pre-seed round to help accelerate development of the company decision-layer software.
"Increasingly, the constraint is no longer hardware but human attention. We can deploy more drones than ever before, yet we still ask operators to control them one by one, often in environments where communications are unreliable. True autonomy breaks that one‑to‑one link, allowing humans to supervise and direct teams of systems rather than individual machines. That shift is essential for supporting modern military missions, where scale, speed and resilience matter, and where operators must remain focused on intent and outcomes rather than manual control."
The company completed an $18.5m total Seed round with backing from Cambridge Innovation Capital, UP.Partners, Insight Partners, and InMotion Ventures.
"Engineering teams require ever-faster, more flexible simulation, but do not have the technology to deliver on these demands. Generative physics introduces a fundamentally new approach to engineering, unlocking innovation across fields ranging from aerospace and automotive to data-centre design. We now have the capital and investor support to accelerate our research roadmap and scale commercial adoption. This could be the ChatGPT moment for physics."
Frontline Ventures led the seed financing round to support the development of adaptive AI for physical environments.
"We’re moving from language-based AI to intelligence that possesses the ability to act to understand its world – a system with a fundamental agency. Our approach doesn’t just process words, it understands context, uncertainty, and physical reality."
