Dexterity Raises $120M in Series C
Dexterity has successfully raised $120M in a Series C at a $800M valuation led by Lightspeed Venture Partners, Kleiner Perkins.
Company Overview
Dexterity is a Robotics company headquartered in Redwood City, CA, founded in 2017 with 200+ employees.
AI-powered warehouse robotics
Fundraising Details
- Amount Raised: $120M
- Round Type: Series C
- Valuation: $800M
- Date: 2025-03-11
- Investors: Lightspeed Venture Partners, Kleiner Perkins
About Dexterity
AI-powered warehouse robotics The company is positioned in the Robotics sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Redwood City, CA
- Founded: 2017
- Team Size: 200+
- Industry: Robotics
What This Means
This funding round demonstrates strong investor confidence in Dexterity's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Robotics sector continues to attract significant investment as companies innovate to meet evolving market demands. Dexterity's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $800M valuation marks an important milestone for Dexterity, positioning the company among notable players in the Robotics industry.
Looking Ahead
With this new capital, Dexterity is well-positioned to execute on its growth strategy and continue building innovative solutions in the Robotics space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-03-11. For more information about Dexterity, visit their headquarters at Redwood City, CA.
