Romanian-born robotics startup in London secures USD 165 mln funding

Robotics startup Dexory, founded in London by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured new Series C funding of USD 165 million, according to an announcement made on LinkedIn and quoted by Ziarul Financiar. The company has developed an autonomous robot, the tallest in the world, reaching 16 meters, and a platform designed for warehouse management.

The new funding consists of USD 100 million in equity and USD 65 million through debt funding.