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Dexterity Robotics Raises $95 Million, Valued at $1.65 Billion

Dexterity, a robotics startup focused on AI-driven machines with human-like precision, has successfully raised $95 million in its latest funding round, bringing its post-money valuation to $1.65 billion. The funding round, supported by prominent investors like Lightspeed Venture Partners and Sumitomo Corp., underscores the growing demand for AI-powered robotics, especially in industries like logistics and warehousing.

The company’s robots are designed to perform repetitive, labor-intensive, and even hazardous tasks in warehouses and factories. These robots are capable of automating tasks like sorting parcels and loading boxes, serving major clients such as FedEx and UPS. Dexterity’s robots are powered by specialized AI models tailored to specific tasks, enabling greater efficiency and flexibility in operations.

This new round of funding brings Dexterity's total capital raised to nearly $300 million. The surge of investment into robotics and AI also mirrors the interests of major tech companies such as Meta and Apple, which are reportedly exploring humanoid robots powered by AI. Dexterity’s innovative approach and the backing of prominent investors reflect the growing potential and demand for AI-based solutions in the automation space.