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Dexory Secures $165 Million to Scale Warehouse Intelligence Platform

The UK firm plans to accelerate development to support a US expansion with a flagship site.

Overview

  • The raise totals $165 million split between $100 million in Series C equity and a $65 million debt facility, with the company not disclosing its valuation.
  • Management says the capital will speed the product roadmap, channel tens of millions into its Oxfordshire base, and fund a new flagship facility and team growth in the United States.
  • Investors include Eurazeo, LTS Growth, Endeavor Catalyst, and existing backers such as DTCP, Atomico, and Lakestar, with Bootstrap Europe providing the debt and DB Schenker described as a major investor.
  • Dexory pairs tall autonomous robots with AI and digital twin software to capture real-time warehouse data and deliver analytics through its DexoryView subscription platform.
  • The company cites customers including DHL, GXO, GE Appliances, Stellantis, and Maersk, reports expansion into Europe, North America and APAC with a Nashville HQ, and has disclosed a £12m loss to March 2024 alongside rapid headcount growth; it also claims 500 million pallet scans.