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."
MiddleGame Ventures led the financing round with participation from Further Ventures and Unusual Ventures.
"Financial markets are ultimately systems of resource allocation. To allocate well, we must first see the economy clearly, not in fragments but as an interconnected whole. Theia exists to map the unmapped, to make visible the structure of the global economy."
The London startup raised the capital from Moonfire Ventures, Speedinvest and Openspace Ventures to scale its compliance and monitoring technology.
"When decision-making in alternative assets is opaque, risk doesn’t disappear – it just becomes invisible until it isn’t. As these markets grow more complex and more visible, institutions need to show not just what they decided, but how. We’re building the infrastructure that makes that process structured, transparent and defensible – without stripping away professional judgement."