Dexory Secures $165M in Funding to Upgrade Warehouse Automation Tech

Core Insights - Dexory, a London-based warehouse automation startup, has secured $165 million in funding, with $100 million from venture capital and $65 million as growth debt financing [1][3][4] Funding Details - The venture funding round was led by Eurazeo's growth team, with participation from several investors including LTS Growth, Endeavor Catalyst, DTCP, Atomico, Lakestar, Elaia, Latitude Ventures, and Wave-X [1] - The combination of equity funding and growth debt provides the company with flexibility for long-term innovation and efficient scaling of operations [3][4] Technology and Capabilities - Dexory has developed a proprietary technology called DexoryView, which utilizes autonomous mobile robots (AMRs) to collect data and create a digital twin of the warehouse, providing real-time insights on inventory and storage conditions [2][5] - The robots can scan over 10,000 locations per hour, achieving 99.9% inventory accuracy for warehouse customers [5] Strategic Focus - The funding will be used to enhance DexoryView's development, focusing on building AI systems that enable warehouses to operate adaptively and self-optimize in real-time [6] - The company aims to expand its operations into the Asia-Pacific region and diversify into retail and e-commerce, beyond its current focus on logistics and manufacturing [7]