Dexterity Raises $95 Million to Expand AI-Powered Warehouse Robots

Dexterity, a robotics startup focused on AI-powered automation, has raised $95 million in new funding, pushing its valuation to $1.65 billion.

Lightspeed Venture Partners and Sumitomo Corp. led the investment, bringing Dexterity’s total funding to nearly $300 million. The company develops industrial robots designed to handle warehouse and logistics tasks with human-like precision. Its flagship robot, Mech, can lift 130 pounds and move packages across warehouses, aiming to improve efficiency and reduce labor shortages.

“Dexterity’s ‘AI of AIs’ approach leverages hundreds of Physical AI models to unlock the capability for robots to load trucks, singulate parcels and palletize for the world’s largest companies,” the company said in a LinkedIn post. “And we’re just getting started.”

Dexterity’s robots are already used by major logistics players, including FedEx and UPS. The company’s proprietary Arbiter software ensures precise coordination between AI agents, reducing errors and improving efficiency. Founder and CEO Samir Menon said the company aims to create robots that can operate safely and efficiently alongside human workers.

“Our robots are designed to work in real-world environments, where flexibility and adaptability are crucial,” Menon said. “With AI-powered dexterity, they can handle unpredictable tasks that traditional automation struggles with.”

Dexterity joins a wave of AI-driven robotics companies attracting major investment. Figure AI, which is developing humanoid robots, recently raised $675 million from backers like Microsoft and Amazon. Meanwhile, Apptronik secured $350 million to expand the production of its Apollo robot.

The growing interest in warehouse and logistics robotics is part of a larger shift toward automation. “The demand for robotics is surging as companies look for ways to improve efficiency, reduce costs, and tackle labor shortages,” Menon said. “We’re building robots that can help businesses stay competitive in a rapidly changing world.”

With rising demand for AI-powered automation,