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Dexory Secures $80M Funding to Drive Global Expansion Goals and Development of Groundbreaking Technology

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Dexory, a leading robotics and data intelligence company, has secured an $80 million Series B funding round, led by DTCP with participation from Latitude Ventures, Wave-X, Bootstrap Europe, and existing investors. This brings Dexory's total funding to $120 million over the past three years.

The funding will support:

  • Expansion of AI-powered features across the DexoryView platform
  • Growth of the global team
  • Accelerated deployment of autonomous robots
  • US market expansion
  • Enhancement of UK development and production facilities

Dexory's DexoryView platform provides real-time visibility across warehouses through autonomous mobile robots and AI, addressing the logistics market's need for maximized operating efficiencies. The company has demonstrated significant growth since its commercial launch 18 months ago, with customers including GXO, Maersk, and DB Schenker.

Dexory, un'azienda leader nel settore della robotica e dell'intelligenza dei dati, ha ottenuto un , guidato da DTCP con la partecipazione di Latitude Ventures, Wave-X, Bootstrap Europe e investitori esistenti. Questo porta il totale dei finanziamenti di Dexory a 120 milioni di dollari negli ultimi tre anni.

Il finanziamento supporterà:

  • Espansione delle funzionalità alimentate dall'IA sulla piattaforma DexoryView
  • Crescita del team globale
  • Accelerazione del deployment dei robot autonomi
  • Espansione nel mercato statunitense
  • Miglioramento delle strutture di sviluppo e produzione nel Regno Unito

La piattaforma DexoryView di Dexory fornisce visibilità in tempo reale attraverso magazzini tramite robot mobili autonomi e intelligenza artificiale, affrontando il bisogno del mercato logistico di massimizzare le efficienze operative. L'azienda ha dimostrato una crescita significativa dalla sua lancio commerciale avvenuto 18 mesi fa, con clienti tra cui GXO, Maersk e DB Schenker.

Dexory, una empresa líder en robótica e inteligencia de datos, ha asegurado una ronda de financiación Serie B de 80 millones de dólares, liderada por DTCP con la participación de Latitude Ventures, Wave-X, Bootstrap Europe y otros inversores existentes. Esto lleva la financiación total de Dexory a 120 millones de dólares en los últimos tres años.

La financiación apoyará:

  • Expansión de las características impulsadas por IA en la plataforma DexoryView
  • Crecimiento del equipo global
  • Despliegue acelerado de robots autónomos
  • Expansión en el mercado de EE. UU.
  • Mejora de las instalaciones de desarrollo y producción en el Reino Unido

La plataforma DexoryView de Dexory proporciona visibilidad en tiempo real en los almacenes a través de robots móviles autónomos e IA, abordando la necesidad del mercado logístico de maximizar la eficiencia operativa. La empresa ha demostrado un crecimiento significativo desde su lanzamiento comercial hace 18 meses, con clientes que incluyen a GXO, Maersk y DB Schenker.

Dexory는 로봇 공학과 데이터 인텔리전스 분야의 선두 기업으로 8천만 달러 규모의 시리즈 B 투자 라운드를 DTCP가 주도하고 Latitude Ventures, Wave-X, Bootstrap Europe 및 기존 투자자들이 참여했습니다. 이는 Dexory의 총 자금을 지난 3년 동안 1억 2천만 달러로 끌어올리는 것입니다.

이 자금은 다음을 지원합니다:

  • DexoryView 플랫폼의 AI 기반 기능 확장
  • 글로벌 팀의 성장
  • 자율 로봇의 신속한 배치
  • 미국 시장 확장
  • 영국 개발 및 생산 시설 강화

Dexory의 DexoryView 플랫폼은 자율 이동 로봇과 AI를 통해 창고 전반에 실시간 가시성을 제공하여 물류 시장의 운영 효율 극대화 요구를 충족합니다. 이 회사는 상업 출시 이후 18개월 동안 GXO, Maersk 및 DB Schenker와 같은 고객을 보유하면서 상당한 성장을 보여주었습니다.

Dexory, une entreprise leader en robotique et intelligence des données, a sécurisé un financement de 80 millions de dollars lors d'une levée de fonds de Série B, menée par DTCP avec la participation de Latitude Ventures, Wave-X, Bootstrap Europe et des investisseurs existants. Cela porte le financement total de Dexory à 120 millions de dollars au cours des trois dernières années.

Le financement soutiendra :

  • Expansion des fonctionnalités alimentées par l'IA sur la plateforme DexoryView
  • Croissance de l'équipe mondiale
  • Déploiement accéléré de robots autonomes
  • Expansion sur le marché américain
  • Amélioration des infrastructures de développement et de production au Royaume-Uni

La plateforme DexoryView de Dexory fournit une visibilité en temps réel dans les entrepôts grâce à des robots mobiles autonomes et à l'IA, répondant au besoin du marché logistique de maximiser l'efficacité opérationnelle. L'entreprise a montré une croissance significative depuis son lancement commercial il y a 18 mois, avec des clients tels que GXO, Maersk et DB Schenker.

Dexory, ein führendes Unternehmen in der Robotik und Datenintelligenz, hat eine Finanzierungsrunde der Serie B über 80 Millionen USD gesichert, geleitet von DTCP mit Beteiligung von Latitude Ventures, Wave-X, Bootstrap Europe und bestehenden Investoren. Damit beläuft sich die Gesamtfinanzierung von Dexory in den letzten drei Jahren auf 120 Millionen USD.

Die Finanzierung wird folgende Aspekte unterstützen:

  • Erweiterung der KI-gestützten Funktionen auf der DexoryView-Plattform
  • Wachstum des globalen Teams
  • Beschleunigte Einführung autonomer Roboter
  • Expansion auf dem US-Markt
  • Verbesserung der Entwicklungs- und Produktionsstätten im Vereinigten Königreich

Die DexoryView-Plattform von Dexory bietet durch autonome mobile Roboter und KI eine Echtzeitsichtbarkeit in Lagerhäusern und erfüllt den Bedarf des Logistikmarktes an maximierter Betriebseffizienz. Das Unternehmen hat seit seinem kommerziellen Start vor 18 Monaten ein signifikantes Wachstum demonstriert, mit Kunden wie GXO, Maersk und DB Schenker.

Positive
  • Secured $80 million in Series B funding
  • Total funding raised to $120 million over past three years
  • Expansion into US market with presence in seven states
  • Partnerships with major companies like GXO, Maersk, and DB Schenker
  • Positioned to capitalize on growing logistics automation market (15% CAGR by 2030)
  • Increased inventory accuracy by 6% for DB Schenker
  • Reduced manual inventory investigations by 41% in two months for ID Logistics
Negative
  • None.

Insights

Dexory's successful $80 million Series B funding round signals strong investor confidence in AI-powered warehouse automation. The company's DexoryView platform, combining autonomous robots and AI for real-time warehouse visibility, addresses critical efficiency challenges in the logistics industry.

Key points:

  • Total funding raised to $120 million in three years
  • Global logistics automation market expected to grow at 15% CAGR, reaching $90 billion by 2030
  • Digital twin market forecasted to grow at 35.7% CAGR, reaching $155.83 billion by 2030

Dexory's technology has already demonstrated significant impact, with customers like GXO seeing 6% increases in inventory accuracy. The funding will accelerate U.S. expansion and enhance AI capabilities, positioning Dexory to capitalize on the rapidly growing market for warehouse optimization solutions.

This funding round represents a significant milestone for Dexory, but its direct impact on Fastly (NYSE: FSLY) is However, there are broader implications for the tech sector:

  • Robust investor appetite for AI and robotics startups in the logistics space
  • Validation of the market potential for warehouse automation technologies
  • Potential for increased competition in cloud-based enterprise software

For Fastly, this news underscores the importance of maintaining a competitive edge in cloud services and edge computing. As companies like Dexory drive digital transformation in traditional industries, demand for robust, low-latency content delivery networks may increase. Fastly should monitor these trends and consider potential partnerships or service expansions to capitalize on the growing need for real-time data processing in industrial applications.

UK-based AI and robotics company secures funding to redefine warehouse and logistics industry

LONDON--(BUSINESS WIRE)-- Dexory, the leading robotics and data intelligence company, today announced it has successfully closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors.

The new funding, made up of a mix of equity and growth debt, will support an expansion of their artificial intelligence (AI) powered features across the DexoryView platform, grow its global team and accelerate the deployment of its autonomous robots with customers like GXO, Maersk, DB Schenker and beyond. A significant focus continues to be on expanding across the US market, where Dexory is already live with customers in seven states. The Series B will also enhance development and production facilities at its UK headquarters.

With the close of the round, Dexory has now raised $120 million over the past three years. The company has demonstrated incredible growth since the first commercial launch of their autonomous warehouse robots and software platform for the logistics space only 18 months ago.

Dexory’s continued innovation of warehouse optimisation technology will ensure that the firm remains a leader in this space. It is setting new standards and unlocking new value for the warehouse of the future, as businesses continue to manage myriad challenges across their supply chains, amidst cost and service pressures.

The global logistics automation market is expected to grow at a compound annual growth rate (CAGR) of 15% by 2030. The market size will reach around $90bn by 2030. Additionally, the market value for digital twin technologies is set to rise by a CAGR of 35.7% by 2030, representing a revenue forecast of $155.83bn*. Dexory’s innovative solutions are ideally placed in the market to capitalise on the market trends, whilst ensuring warehouse and supply chain professionals can deliver exceptional accuracy and service levels for even the most high-paced and demanding of operations.

Dexory directly addresses the logistics market’s urgent need to maximise operating efficiencies across national and global networks. The company’s product, DexoryView, provides comprehensive real-time visibility across warehouses of any size through its autonomous mobile robots and AI. Through unique data sets generated from far-reaching sensor and image data, continuous scanning and the latest AI developments, Dexory unlocks new levels of optimization and seamless efficiency.

“We are incredibly excited about the momentum we’ve built over the past 18 months,” said Andrei Danescu, CEO and co-founder of Dexory. “DexoryView is proving to be an unrivalled technology for driving real digital transformation and delivering better business outcomes in the warehousing and supply chain industries. AI is clearly at the forefront of business leaders’ minds. With the quality of the data we are extracting and the powerful insights into operations that we generate, DexoryView will deliver commercial success for our customers and investors alike.”

“We are very impressed by the progress Dexory has made in transforming warehouse operations with its cutting-edge technology,” said Michael Rager, Partner - Growth Equity at DTCP and board member at Dexory. “The company is perfectly positioned at the intersection of our investment thesis on digitisation and automation. Its ability to capture detailed, actionable data from physical spaces and integrate it seamlessly into the supply chain is impressive. We are confident in its vision and excited to support their product innovation and expansion into global markets.”

Dexory’s platform is already making a significant impact in leading distribution companies such as GXO, Unipart, Yusen Logistics, as well as manufacturing players such as GE Appliances and Denso. By providing 360-degree visibility into warehouse operations, DexoryView enhances inventory management and operational decision making. The platform’s capability to perform rapid warehouse scans and create digital twins of warehouse spaces allows for optimised performance and future scenario simulations. Organisations such as DB Schenker have been able to increase their inventory accuracy by 6% and maintain it daily, whereas businesses like ID Logistics have been able to reduce manual inventory investigations by 41% in just two months to free up valuable time for other critical tasks.

For more information, please visit Dexory’s website.

About Dexory

Dexory captures real-time insights into warehouse operations using fully autonomous robots and Artificial Intelligence. Using autonomous technology to unlock data and drive insights through all levels of business operations, helping companies boost their performance and unlock their full potential. Instant access to real-time data helps optimise the present, de-risk the future and discover the intractable in each location and at every stage of the product journey through the warehouse and onto dispatch.

Introduced to the market in 2023, the DexoryView solution combines robotics, digital twin and AI technologies to understand, analyse and operate end-to-end warehouse operations, offering unprecedented time to value. For businesses that need to thrive in increasingly complex and competitive markets, DexoryView is the solution for warehouse and supply chain operators to gain full visibility of their operations.

About DTCP

DTCP is an investment management firm with 2.8 billion euros in assets under management and over 50 professionals.

DTCP Growth invests in leading cloud-based enterprise software companies. The team has made over 30 investments in Europe, Israel and the US, with notable investments including Aircall, Arctic Wolf, Auth0 (acquired by OKTA), Guardicore (acquired by Akamai), Fastly (NYSE: FSLY), LeanIX (acquired by SAP SE), Pipedrive (acquired by Vista Private Equity), and Signavio (acquired by SAP SE).

*Data from Grand View Research

Brands2Life: Brandon Moocarme UK and Monique Pelletier USA

dexory@brands2life.com (UK) monique.pelletier@brands2life.com (USA)

Source: Dexory

FAQ

How much funding did Dexory secure in its Series B round?

Dexory secured $80 million in its Series B funding round.

Who led Dexory's Series B funding round?

The Series B funding round was led by DTCP.

What is the total amount of funding Dexory has raised in the past three years?

Dexory has raised a total of $120 million over the past three years.

What is Dexory's main product for warehouse optimization?

Dexory's main product for warehouse optimization is DexoryView, an AI-powered platform that uses autonomous mobile robots for real-time visibility across warehouses.

How many US states is Dexory currently operating in?

Dexory is currently live with customers in seven US states.

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