The warehouse robot developer’s latest round has pushed its total funding past the $200m mark since being founded out of Stanford in 2017.
Dexterity, a US-based warehouse robotics technology developer spun out of Stanford University, has secured $140m in a series B round featuring Presidio Ventures, a corporate venturing subsidiary of diversified conglomerate Sumitomo, at a valuation of $1.4bn.
The equity and debt round was co-led by Lightspeed Venture Partners and Kleiner Perkins, with backing from Obvious Ventures and B37 Ventures.
Founded in 2017, Dexterity designs and manufactures robots for logistics, warehouses and supply chain customers, enabling them to automate some of the…
