Tag: warehouse automation

The global Vertical Lift Module (VLM) market is poised for significant expansion, projected to reach USD 4.5 billion by 2034 with a CAGR of 9.4%. This growth is fueled by the increasing demand for automated storage solutions, space optimization in warehouses, and the burgeoning e-commerce sector. VLMs are revolutionizing inventory management by enhancing efficiency, reducing labor dependency, and improving accuracy.

Logistics and manufacturing sectors are set to be transformed by Dexory's latest funding round, which will accelerate the development and global expansion of its AI-powered warehouse intelligence platform. The company's unique approach, combining autonomous robots with its DexoryView digital twin software, promises enhanced efficiency, accuracy, and real-time visibility in warehouse operations.

Logistics technology firm Dexory has raised $165 million in a funding round led by Eurazeo, with participation from LTS Growth, Endeavor Catalyst, and other existing investors. This significant investment will fuel the company