Dexory

The British Business Bank has committed an £8.5 million investment to Dexory, a UK-based warehouse intelligence and robotics firm, as part of the company's broader £123 million Series C funding round.

Summary of transaction details:

• Value: £8.5 million investment from British Business Bank, contributing to a larger £123 million Series C funding round.
• Sector: DeepTech & AI (specifically warehouse intelligence, robotics, and AI-powered digital twins for logistics).
• Advisor: null
• Key Entities: Dexory (Target Company), British Business Bank (Investor). The overall Series C round was led by Eurazeo and included investors such as TS Growth, Endeavor Catalyst, Atomico, DTCP, Latitude Ventures, Lakestar, Elaia, and Wave-X.
• Location: Dexory is a UK-based company scaling services across Europe, North America, and Asia-Pacific.

Note: This strategic investment by the British Business Bank aims to provide vital domestic backing for high-potential UK companies like Dexory, enabling them to innovate, expand globally, and strengthen critical supply chain infrastructure with cutting-edge AI and robotics technology.