Dexory Raises $80M Series B to Expand AI and Robotics for Warehousing

Dexory, a trailblazer in robotics and data intelligence, just closed an impressive $80 million Series B funding round, propelling its mission to revolutionize warehouse operations with AI-powered tools and autonomous robots.

With this new injection of capital, led by DTCP and joined by notable investors like Latitude Ventures and Atomico, Dexory’s future looks anything but slow.

Andrei Danescu, Dexory’s CEO and co-founder—rumored to have a net worth nearing $200 million—couldn't hide his excitement saying:

“We are incredibly excited about the momentum we’ve built over the past 18 months,”

The new funds will help grow their global team, ramp up production at their UK headquarters, and expand their presence across the U.S., where they’re already active in seven states.

Their cutting-edge platform, DexoryView, is proving to be a game-changer for companies like Maersk and GXO, offering real-time visibility into warehouse operations.

Dexory has raised $120 million to date, all in just three years. Their rapid success might make you wonder if these robots are secretly running on caffeine.

But it’s not just speed that Dexory’s bringing to the table—they’re pushing the boundaries of efficiency and accuracy, helping companies tackle everything from inventory management to creating digital twins of their warehouse spaces. It’s like having a crystal ball, but for boxes.

As the logistics automation market is predicted to hit $90 billion by 2030, Dexory seems to be on a rocket-fueled trajectory, ready to cash in on the trend.

With robots like theirs leading the charge, maybe it’s time to start worrying about them taking over… the warehouse, at least.