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23 Jan 2023

Dexory announces new angel investors from logistics sector

Dexory, which uses artificial intelligence (AI) and robotics to develop logistics solutions, has announced a new round of angel investors.

This, the company reports, follows significant investment in 2022, in which the company secured US$13m (£11m) in a seed round led by Swiss venture capital firm Lakestar.

According to Dexory, its new group of investors share logistics expertise that will support the company during its growth phase.

Andrei Danescu, CEO of Dexory, said: “I’m proud to welcome such industry-leading expertise into Dexory.

“To secure this calibre of investors speaks volumes of their faith in the path we are on and their guidance will help us continue to grow in 2023.

“We’re sure their industry knowledge will help to shape our roadmap at Dexory and maximise the capabilities of our tech.

“Our unique approach to problem-solving, which integrates smart AI technology and robotics, gives us confidence that we can unlock great benefits for our customers”.

Some of the investors include Paul Dodd, chief innovation officer and co-founder of Huboo, a Bristol-based logistics service, Martin Bysh, CEO and co-founder at Huboo, and Thomas Bagge, CEO and statutory director at the Digital Container Shipping Association, among others.

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