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Series C

Dexory raises £8.5m in Series C follow-on funding from the British Business Bank

Dexory

The British Business Bank has backed the warehouse robotics provider as part of its recent Series C round.

£8.5MSeries C

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 £8.5m in a Series C follow-on funding round from the British Business Bank. The investment forms part of a wider financing effort that included participation from Eurazeo, LTS Growth, Endeavor Catalyst, and existing backers. The capital will be deployed to drive product development and support international expansion into new markets and sectors.

The company operates a full-stack platform that uses autonomous robots and digital twins to track warehouse inventory and operations. Its technology is currently utilised by major global logistics firms and manufacturers. The fresh injection of capital is intended to scale its proprietary dataset and AI models further.


From the founder

"We’re proud to have the support of the British Business Bank as we accelerate our expansion into global markets. Our focus has always been on delivering tangible value through real-time visibility, powered by one of the industry’s largest and most dynamic operational datasets. This investment enables us to advance our technology and support more organisations in building smarter, more resilient supply chains."
AD

Andrei Danescu

CEO and Co-Founder at Dexory


Investor perspective

"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."
LK

Leandros Kalisperas

Chief Investment Officer, British Business Bank


Use of funds

  1. 01Continue product development
  2. 02Expand into international markets

Investors

Eurazeo

Eurazeo

British Business Bank

Leandros Kalisperas

British Business Bank

LG

LTS Growth

EC

Endeavor Catalyst

A

Atomico

D

DTCP

LV

Latitude Ventures

Lakestar

Lakestar

E

Elaia

W

Wave-X


Categories

RoboticsAI/MLHardwareIoTLogisticsTech

About the company

Dexory

Dexory

Dexory provides autonomous robotics and data intelligence platforms for warehouse operations.

London, UK Founded 2015 Website
£226MRaised