The British Business Bank has invested £8.5 million in Dexory, a leading provider of real-time warehouse data intelligence and autonomous solutions, as part of its latest Series C funding round.
The round was led by Eurazeo with participation from LTS Growth and Endeavor Catalyst alongside existing investors Atomico, DTCP, Latitude Ventures, Lakestar, Elaia and Wave-X.
Dexory operates a full stack platform using autonomous robots to scan warehouses and feed data into its AI-powered digital twin platform, DexoryView, enabling supply chain and logistics companies to gain full operational visibility. This helps track stock levels, reduce errors and optimise space utilisation.
The platform is powered by global operational intelligence drawn from more than one billion warehouse location scans, forming one of the largest pools of live warehouse data. Customers include GXO, Maersk, NFI, C.H. Robinson and DHL as well as manufacturers such as Samsung, Stellantis and GE Appliances across sectors including pharmaceuticals, retail and eCommerce.
Since its Series B, Dexory has expanded across Europe, North America and APAC, establishing its North American headquarters in Nashville, Tennessee. The new funding will accelerate product development and support expansion into additional international markets and industry sectors.
