Dexterity, a leader in AI-powered industrial robotics, has secured $95 million in new funding, bringing its post-money valuation to $1.65 billion. The investment, backed by Lightspeed Venture Partners and Sumitomo Corp., underscores the rising demand for AI-driven automation in warehouses and factories.
The funding arrives as major tech firms like Meta and Apple reportedly explore AI-powered humanoid robotics, while startups such as Figure AI and Apptronik secure significant capital for robotic development. Dexterity’s robots, designed to handle repetitive and hazardous tasks, are already deployed in logistics operations for major clients like FedEx and UPS.
CEO Samir Menon, who founded Dexterity after completing his PhD at Stanford, explained that the company’s robots rely on specialized AI models, each optimized for specific functions. With nearly $300 million raised to date, Dexterity is poised to expand its AI-driven robotics solutions, reflecting the broader industry push toward automation in supply chain and logistics.
