Dexory raises £60m Series B funding led by DTCP to accelerate international expansion and product development.
The robotics and data intelligence firm secured the capital from a syndicate led by DTCP to expand its artificial intelligence platform and global footprint.
Dexory offers real-time warehouse data intelligence by combining autonomous robots with an artificial intelligence platform. The business provides logistics and manufacturing operations with comprehensive supply chain visibility.
Dexory has secured £60m in a Series B funding round led by DTCP. The financing, combining equity and growth debt, also drew participation from Latitude Ventures, Wave-X, and Bootstrap Europe, alongside existing backers Atomico, Lakestar, Capnamic, and industry angels.
The capital will be deployed to expand artificial intelligence features across the DexoryView platform, grow the global team, and scale robot deployments with clients such as GXO, Maersk, and DB Schenker. Additional funds will support international expansion, particularly in the United States, and enhance production facilities at the company headquarters in the UK.
From the founder
"We are incredibly excited about the momentum we’ve built over the past 18 months,"
Andrei Danescu
CEO and Co-Founder at Dexory
Investor perspective
"We are very impressed by the progress Dexory has made in transforming warehouse operations with its cutting-edge technology,"
Michael Rager
Partner – Growth Equity, DTCP
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Grow the team
- 04Build out infrastructure
