Dexterity, the innovative industrial robotics startup, has just wrapped up a $95 million funding round, bringing its valuation to an impressive $1.65 billion. This news, shared by Bloomberg, highlights the growing buzz around AI-driven robotics among investors and major tech companies.
Among the key investors are Lightspeed Venture Partners and Sumitomo Corp., showing a clear demand for smart machinery. This investment trend is part of a larger movement where tech giants like Meta and Apple are diving into AI-powered humanoid robots. Other startups like Figure AI and Apptronik are also catching the wave, securing significant funding to push the boundaries of robotics.
Dexterity’s robots are designed to tackle repetitive and hazardous tasks in logistics. Think about sorting parcels or loading boxes—tasks that benefit clients such as FedEx and UPS. According to Dexterity’s CEO, Samir Menon, their robots use specialized AI models tailored for specific tasks, all managed through a centralized system.
With this latest funding, Dexterity has now raised nearly $300 million, solidifying its position as a leader in the evolving field of industrial robotics.
