Tech Company Financing Transactions
Dexterity Funding Round
Dexterity, based in Palo Alto, secured $140 million from Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners and B37 Ventures.
Transaction Overview
Company Name
Announced On
10/14/2021
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$140,000,000
Round
Series B
Investors
Kleiner Perkins Caufield & Byers (Lead Investor)
Lightspeed Venture Partners (Lead Investor)
Proceeds Purpose
Dexterity will use the new capital to support the growth of the company as its first thousand robots are deployed into production.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
292 Lambert Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Not Recorded
Overview
We provide dexterous robotic systems for logistics and supply chains, which allow customers to unlock the maximum value of their workforce by automating repetitive pick-pack tasks. We deliver full-stack, end-to-end systems for kitting, picking, packing, counting, sorting, palletizing, and order fulfillment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Samir Menon
VP - Bus. Development
Michael Hyslop
Browse more venture capital transactions:
Prev: 10/14/2021: Karat venture capital transaction
Next: 10/14/2021: Black Kite venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs