Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Dexory Raises $19M

Facebook Twitter LinkedIn Email
Dexory, a developer of real-time data procurement solutions for autonomous robots in industrial settings, has secured $19 million in series A funding. The company will put the funding toward international expansion in what it identified as key markets: the U.S and Europe. The company said it aims to double its workforce by the end of the year to support unit deployment functions and increased production. The funding will also be used to continue developing Dexory’s forecasting and simulation technology and accelerate the production of its automated robots in its U.K. facility.

Dexory’s technology combines analytics with autonomous robots to capture image and sensor data from a warehouse. The platform can connect warehouses across the global supply chain following a complete warehouse scan, which the company said can be accomplished with its DexoryView platform 100× faster than through human-only assessments. Users can also deploy DexoryView as a digital twin replica of a warehouse to help manage and optimize warehouse performance by simulating and predicting future scenarios.

As part of the investment, Ben Blume, a partner from Dexory investor Atomico, will join the company’s board of directors. 


Vision-Spectra.com
Jul 2023
GLOSSARY
machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
BusinessinvestmentfundingSeries ADexorymachine visioncomputer visionroboticswarehouseimagingSensors & DetectorsinventoryEurope

Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.