Romanian-founded Dexory announces new investment from Schenker Ventures

Dexory has announced an additional investment from Schenker Ventures. Following the recent $19 million Series A funding announcement in June, this partnership will strengthen Dexory’s market position as a real-time supply chain visibility provider.

• London-based Dexory was founded by Romanians Adrian Negoita, Andrei Danescu, and Oana Andreea Jinga and provides solutions for improving visibility, better space utilisation, and increasing efficiency in warehouse operations. Through the DexoryView platform, the company brings together autonomous robots, capable of capturing rich image and sensor data from across a warehouse, with advanced analytics and insights.
• In addition, DexoryView serves as a digital replica of the physical warehouse, nurturing not only management but also performance optimization. This feature empowers the software to simulate, optimize, and forecast future scenarios.

“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”,

said Andrei Danescu, CEO and co-founder of Dexory. 

• In July this year the startup already received a $19 million Series A round of funding led by Atomico. The fresh investment was backed by Berlin-based Schenker Ventures, the corporate investment arm of DB Schenker, global venture partner and investor in logistics & supply chain management. The parties didn’t disclose the amount of the deal.

• Dexory will use the current round for strengthening its market position and introducing its solution across Europe and into the US in the coming months.