Dexory, a company that serves warehouses with real-time inventory management data using AI software and autonomous robots, has raised $19 million in a Series A round of funding led by European VC Atomico.
Founded out of London in 2015, Dexory’s product can be split into two segments. On the hardware side, the company develops robots replete with sensors and cameras to capture data as they traverse a particular warehouse, taking continuous photos of racks as it moves at something akin to normal walking speed (e.g. half-a-meter/second). The robots capture 3D scans of the site, which can give insights into things like dimensions, shapes and sizes, and volumes of goods sitting on shelves.
Dexory then uses computer vision and machine learning to process the captured data, while tying it to the physical location of the stock but inside a digital twin — that is, a complete virtual equivalent of its real-w...
