UK Warehouse Tech Company Dexory Secures €9.8 Million From British Business Bank In Series C Round

The round was led by Eurazeo, with participation from LTS Growth and Endeavor Catalyst, alongside existing investors including Atomico, DTCP, Latitude Ventures, Lakestar, Elaia, and Wave-X.

Founded in 2022, Dexory is a full-stack company that uses autonomous robots to scan warehouses and collect real-time data. This information powers its AI platform, DexoryView, which creates digital twins of warehouse operations.

The system helps logistics and supply chain companies improve visibility, track inventory, reduce errors, and optimise space usage. Dexory designs and operates both hardware and software, giving it full control over performance and data quality.

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Its technology is powered by large-scale operational data, including over a billion warehouse location scans, and is used by major companies such as GXO, Maersk, DHL, Stellantis and GE Appliances across logistics, manufacturing, retail, pharmaceuticals, and eCommerce.

Since its Series B, Dexory has expanded across Europe, North America, and APAC, and opened its North American headquarters in Nashville, Tennessee.

The new funding will help speed up Dexory’s product development and make its technology available in more international markets and new industry sectors.

Andrei Danescu, CEO and co-founder of Dexory, says, “We’re proud to have the support of the British Business Bank as we accelerate our expansion into global markets. Our focus has always been on delivering tangible value through real-time visibility, powered by one of the industry’s largest and most dynamic operational datasets. This investment enables us to advance our technology and support more organisations in building smarter, more resilient supply chains.”

Leandros Kalisperas, Chief Investment Officer at British Business Bank, adds, “The UK consistently produces companies with market-leading technology, which need greater domestic backing to scale globally. The Bank is stepping up to ensure companies like Dexory have the capital they need to innovate and expand here in the UK.

“We are working with fund managers to create deeper pools of capital and are increasing the scale of our co-investing activity, which directly increases the size of funding rounds for high-potential UK companies.”

About Dexory

Dexory develops autonomous robots and AI-powered logistics solutions to improve decision-making in warehouse operations. Its DexoryView platform automatically collects real-time data and creates a live digital twin of warehouse environments. This helps businesses gain better visibility, unlock insights, and improve efficiency across all levels of their supply chain and storage operations.