UK Warehouse Intelligence Company Dexory Secures €9.8 Million from British Business Bank to Propel Series C

In a significant boost for the UK’s burgeoning logistics tech sector, Wallingford-based Dexory has announced an infusion of €9.8 million (£8.5 million) from the British Business Bank. This investment is a crucial addition to its ongoing Series C round, initially unveiled in October 2025. Dexory, renowned for its cutting-edge real-time warehouse data intelligence and autonomous solutions, is poised to expand its influence on the global stage.

A Strategic Funding Boost

The Series C round is spearheaded by Eurazeo, with notable contributions from LTS Growth and Endeavor Catalyst. Existing investors, including Atomico, DTCP, and others, also participated. This financial endorsement from the British Business Bank underscores the UK’s commitment to fostering innovation and supporting high-potential tech companies. Andrei Danescu, CEO and co-founder of Dexory, highlighted the significance of this support, stating, “This investment enables us to advance our technology and support more organizations in building smarter, more resilient supply chains.”

Riding the Wave of Logistics Innovation

Dexory's recent funding comes amid a broader trend of investment in warehouse automation and logistics technology. The sector has seen nearly €180 million in disclosed funding, with key players like Poland’s Nomagic and Germany’s Filics also securing substantial investments. The UK stands out with Dexory, Relay, and HIVED making strides in transforming logistics and delivery networks.

Dexory, originally known as BotsAndUs, has evolved significantly since its €12.3 million raise in 2022 and subsequent rebranding. The company’s full-stack approach leverages autonomous robots and an AI-powered digital twin platform, DexoryView, to optimize warehouse operations. This technology provides comprehensive visibility, allowing businesses to efficiently manage stock levels and space utilization.

Implications for Startups and Investors

For startups and investors, Dexory's trajectory offers valuable insights. The backing from the British Business Bank highlights the importance of domestic support in scaling globally. Leandros Kalisperas, Chief Investment Officer at the bank, emphasized, “We are working with fund managers to create deeper pools of capital, directly increasing the size of funding rounds for high-potential UK companies.”

Dexory's robust dataset, comprising over a billion warehouse location scans, gives it a distinct competitive edge. George Mills, Investment Director at the British Business Bank, noted the company’s potential to revolutionize logistics and supply chains, which are vital to global commerce.

A Global Vision

Since its Series B, Dexory has broadened its international footprint, establishing a North American headquarters in Nashville, Tennessee, and expanding across Europe and APAC. The new funding will accelerate Dexory’s product development and extend its reach into new markets and sectors.

The company’s technology is already making waves with global logistics giants like GXO, Maersk, and DHL, along with manufacturers such as Stellantis and GE Appliances. This latest investment will further enhance Dexory’s ability to deliver value and innovation across diverse industries.

Conclusion

Dexory’s latest funding round is a testament to the dynamic growth and potential within the UK's tech ecosystem. As the company continues to innovate and expand, it sets a benchmark for startups aiming to make a global impact. With strong financial backing and a visionary approach, Dexory is well-positioned to lead the charge in transforming logistics and supply chain management worldwide.

Source: EU-Startups