Robotic technology company Dexory has raised $19 million in funding to give companies visibility within their warehouses.
The money is in Series A funding, led by venture capital firm Atomico, with participation from Lakestar, Kindred, Maersk Growth, as well as Capnamic.
Addressing the need for improved more efficiency in warehouses around the world, Dexory combines analytics with autonomous robots.
This combination gives better visibility across warehouses of any size, as well as connecting warehouses across the global supply chain through Dexory’s digital platform, DexoryView.
“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 Andrei Danescu, CEO and co-founder of Dexory.
“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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