Gunderson Dettmer represented client Dexterity, a robotics startup focused on supply chain operations, in its $140 million Series B financing co-led by Lightspeed Venture Partners and Kleiner Perkins. The funding round brings the company’s valuation to $1.4 billion. The new capital will be used to deploy its first thousand robots into the world.

In the announcement of the transaction, CEO of Dexterity Samir Menon said, “Dexterity is grateful to be at the forefront of delivering intelligent robotic systems in production across existing customer sites with the goal of rapidly transforming their warehouse operations.” 

The Gunderson deal team was led by Trevor Knapp and included Hannah Porter and Lydia Carnevale.

Companies:
Dexterity