robotics / news / / City A.M.
UK robotics firm Dexory reported surging revenues alongside deepening losses.
Auditors issued a rare warning about insufficient evidence for Dexory's reported stock quantities.
KEY POINTS
- Dexory's turnover increased to £3.15m, but pre-tax losses widened to £22.5m for March 2025.
- Dexory secured £8.5m in new funding from the British Business Bank as part of Series C.
- Dexory has amassed over a billion warehouse location scans for its AI-driven platform.
- The company has opened a US headquarters in Nashville to target global logistics customers.
COMPANIES
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