Romanian-born Robotics Startup Secures $165 Million Funding
Dexory, a London-based robotics startup founded by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured $165 million in Series C funding.
The company has developed an autonomous robot, the tallest in the world, reaching 16 meters, and a platform designed for warehouse management.
- The new funding consists of $100 million in equity and $65 million through debt funding.
- The $100 million round was led by Eurazeo with participation from LTS Growth and Endeavor Catalyst, alongside existing investors Atomico, Lakestar, Elaia, and Latitude Ventures.
- Bootstrap Europe provided the $65 million by extending the existing growth credit facility.
With this new funding, total investments in Dexory, including grants, have reached approximately $285 million.
No direct quote available in the text.
Author's summary: Dexory secures $165 million funding for autonomous robots.
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