Dexory Secures $80M Funding to Drive Global Expansion Goals and Development of Groundbreaking Technology
Fastly, Inc. Class A (FSLY)
Last fastly, inc. class a earnings: 2/20 04:05 pm
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Source: Business Wire
UK-based AI and robotics company secures funding to redefine warehouse and logistics industry LONDON--(BUSINESS WIRE)--Dexory, the leading robotics and data intelligence company, today announced it has successfully closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors.The new funding, made up of a mix of equity and growth debt, will support an expansion of their artificial intelligence (AI) powered features across the DexoryView platform, grow its global team and accelerate the deployment of its autonomous robots with customers like GXO, Maersk, DB Schenker and beyond. A significant focus continues to be on expanding across the US market, where Dexory is already live with customers in seven states. The Seri
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