A warehouse robotics firm has raised £15 million to scale in the United States.

Dexory, which topped our RetailTech 50 ranking this year, combines analytics with autonomous robots capable of capturing rich image and sensor data from across a warehouse.

The London company says this provides comprehensive visibility across warehouses of any size, as well as connecting warehouses across the global supply chain through its digital platform DexoryView. 

The solution is already integrated in leading distribution companies such as Maersk and Menzies Aviation.

Global companies can have up to as many as 500 different warehouse management systems running across thousands of their globally distributed warehouses at any one time, claims Dexory, which means that expensive manual audits often take place on an infrequent basis, finding lost inventory takes days and a unified global view is impossible to achieve. 


It says DexoryView can perform a full warehouse scan in just a matter of hours, around 100x faster than humans, giving customers an immediate view of the core hub in their supply chain. The dashboard tracks detailed location of goods, allowing for the quick identification and location of items, accurate information on stock levels and locations, and better decision-making in warehouse operations. 

Customers can also use DexoryView as a ‘digital twin’ replica of their warehouse to help not only manage, but get the most out of warehouse performance – allowing for the software to optimise, simulate and predict future scenarios. 

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The £15m in Series A funding was led by leading European VC firm Atomico, with participation from existing investors Lakestar, Kindred, Capnamic, and Maersk Growth, the investment arm of the global logistics and container shipping company, Maersk. 

As part of this investment Atomico partner Ben Blume will join Dexory’s board of directors.

“For those operating warehouses, ensuring 100% fulfilment ‘in time, all the time’ is crucial to meeting the demands of the modern consumer. A critical component to achieving this is high stock accuracy, but staff shortages, manual processes, and the speed demanded by customers means that critical decisions across the supply chain are currently being taken blindly,” said Dexory CEO and co-founder Andrei Danescu. 

“Technology that is autonomous, real-time, intuitive, and integrated can have a transformative effect on the everyday efficiency, productivity, and accuracy of a warehouse – and form an integral part of revamping businesses supply chain strategies.”

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It will be used for international expansion in key markets such as the US, and Central and Northern Europe, with aims to double Dexory’s workforce by the end of the year to support unit deployment functions and increased production. 

The funding will also be used to continue developing Dexory’s forecasting and simulation technology; as well as accelerating the production of its automated robots in its facility in the UK. 

“For an operation as complex and sophisticated as running a modern warehouse, the current lack of an automated way to capture data about the physical space is a major pain point,” said Blume.

“We’re hugely excited by the promise, and market traction, of Dexory’s technology with leading global logistics companies like Maersk and Menzies Aviation. Through creating a digital replica of the warehouse with their advanced robotic data capture technology, they are able to deploy a platform that is not only seamless and intuitive, but provides powerful and actionable insights too.”