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…

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