London-based warehouse automation startup Dexory announced Tuesday it had secured $165 million in funding.
A spokesperson for the startup said $100 million of the $165 million round came from venture capital. Dexory took the other $65 million on as growth debt financing. On the venture funding side, Eurazeo’s growth team led the round, with further participation from LTS Growth, Endeavor Catalyst, DTCP, Atomico, Lakestar, Elaia, Latitude Ventures and Wave-X.
Dexory has developed proprietary technology called DexoryView, which leverages autonomous mobile robots (AMRs) embedded with sensors to collect data, create a warehouse digital twin and share real-time insights about inventory. The system has the ability to show warehouse operators how much of the warehouse is occupied, whether products and pallets are in the right location, how storage conditions seem and more.
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Oana Jinga, chief commercial product office and co-founder of Dexory, said the combination funding approach provides the organization with added flexibility.
“The combination provides balance. Equity funding supports long-term innovation and expansion, while growth debt offers flexible capital for scaling operations efficiently. This structure allows us to invest confidently in product development and international growth while maintaining a clear path to sustainable profitability,” Jinga told Sourcing Journal.
According to Dexory’s site, DexoryView’s robots can scan more than 10,000 locations every hour to monitor conditions and inventory, consequently allowing warehouse customers to achieve 99.9 percent inventory accuracy.
The company plans to use the Series C and growth debt financing to “bring forward transformational capabilities” to its customers, the early likes of which include third-party logistics giants Maersk, GXO, DB Schenker and DHL.
Jinga told Sourcing Journal Dexory will place a specific onus on accelerating DexoryView’s development.
“We are building AI systems that can perceive, decide and act independently, helping warehouses move from intelligent to fully adaptive operations. Our priority is to enhance predictive and prescriptive capabilities so warehouses can self-optimize, anticipate challenges and coordinate tasks between people, machines and systems in real time,” she said.
After securing an $80 million Series B round in 2024, the London-based startup expanded into North America, setting up a U.S. headquarters in Nashville. The Series C will allow the company to scale its operations in the Asia-Pacific region, and to branch further into industries outside logistics and manufacturing, which have been, to date, the startup’s target market. Retail and e-commerce are a major part of that plan, Jinga said.
Already, Dexory has secured its first APAC client: logistics player Linfox, which Jinga said acts as “Dexory’s debut in the region.” She called the contract a “major milestone” for the company as it strives to expand further.
As it continues to expand its global footprint, the company plans to leverage its Series C to add employees to its team.
“We expect to more than double our team globally over the next year. The majority of new roles will be in engineering, AI and product development, alongside commercial and customer success functions to support our expanding international base,” Jinga said.
Jinga further noted that as Dexory continues to improve the technology that underlies DexoryView, existing customers will benefit from the upgrades and new customers will see faster deployments and quicker return on investment. Today, Dexory’s site notes that it boasts an average ROI of 219 percent within three years and contends that the technology’s impact pays for the initial investment within six months of implementation.
Raluca Ragab, partner at Eurazeo, said that kind of technology could rapidly change the way warehouses operate across industries.
“We are excited to back Dexory as they continue to scale the impact of their platform and grow their global footprint,” Ragab said in a statement. “Dexory’s extraordinary combination of robotic and software engineering strength bridges the constraints of the physical supply chain with the power of AI-optimized intelligence, harnessing operational data at scale and turning it into actionable insights.”
Jinga said Eurazeo’s excitement about the investment is mirrored by Dexory’s other investors—and by its customers.
“The companies using our technology are already seeing measurable improvements in efficiency, accuracy and scalability,” Jinga said. “The new funding allows us to build on that momentum and continue setting the benchmark for real-time warehouse intelligence worldwide.”
