The British Business Bank has invested £8.5 million in Dexory, a provider of real-time warehouse data intelligence and autonomous solutions, as part of its recent 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, Wave-X and others.

Dexory is a full stack business using autonomous robots to scan warehouses, feeding data into its AI-powered digital twin platform, DexoryView, to give supply chain and logistics companies full visibility of their operations. This allows them to track stock levels, reduce errors and optimise space utilisation.