Dexory, the UK-based warehouse intelligence company, has closed a Series C funding round that includes £8.5 million from the British Business Bank. The round was led by Eurazeo, with LTS Growth, Endeavor Catalyst, and existing backers Atomico, Lakestar and Elaia also taking part.
The company has built a platform combining autonomous scanning robots with AI to give warehouses a real-time view of their operations. Its robots move continuously through storage facilities, feeding data into a digital twin of the warehouse environment via its DexoryView platform. Businesses use this to track inventory, identify inefficiencies, and optimise space without relying on manual stocktakes or static snapshots.
Underpinning the AI is a dataset of more than a billion warehouse location scans, accumulated across deployments with some of the world’s largest logistics operators — including GXO, Maersk, DHL and Samsung — spanning pharmaceuticals, retail and e-commerce. Investors see this proprietary data as a meaningful competitive advantage.
Since its last raise, Dexory has expanded across Europe, North America and Asia-Pacific, and set up its North American headquarters in Nashville. The new capital will go toward further product development and entry into new markets and sectors.
The British Business Bank’s participation reflects its strategy of backing high-growth UK tech companies that need access to capital to compete internationally. The bank views Dexory as a strong example of a deep-tech business with genuine first-mover advantages in technology central to global trade — and sees public-private investment as a key mechanism for turning UK innovation into global commercial success.