Dexory announces new investment from Schenker Ventures and eyes expansion into new territories
Dexory has secured an undisclosed additional investment with Schenker Ventures, the corporate investment arm of DB Schenker.
It says that the cash will allow greater focus on introducing its DexoryView solution across Europe and into the US in the coming months.
This follows a $19 million Series A funding announcement in June.
Dexory’s solution addresses the need for improved visibility, better space utilisation and increased efficiency in warehouse operations. It brings together autonomous robots, capable of capturing rich image and sensor data from across a warehouse, with analytics and insights.
“Technology that operates autonomously, provides real-time insights, possesses intuitive interfaces, and seamlessly integrates can lead to a revolutionary transformation in the day-to-day efficiency, productivity and precision of warehouse operations,” says Andrei Danescu, CEO and Co-founder at Dexory.
“I’m delighted DB Schenker shares our vision for full visibility across supply chains and have great confidence in our technology, ambitions and growth plans. Their industry expertise will help us grow into new territories and maximise the capabilities of the tech while bringing fantastic value to their sites, a great partnership for both”.
“The potential and evident success of Dexory’s technology within the global logistics landscape in a short space of time is impressive. Dexory has engineered a solution that not only boasts seamlessness and user-friendliness, but also provides a remarkable depth and speed of inventory data collections setting Dexory apart, enabling efficient and accurate insight,” says Paulina Banszerus, Head of Venture Capital, Schenker Ventures.
“The strong execution driven team behind the vision for DexoryView goes beyond inventory management, the technology's visualisation is impressive, whilst being scalable in the future. And that’s what makes Dexory a great fit to our innovative portfolio. We’re really pleased to be part of its exciting future.”
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