Dexterity, an AI robotics company based in Palo Alto, California, has raised $291 million in funding, reaching a $1.65 billion valuation as of March 2025. Founded in 2017 by Samir Menon, the company builds AI-powered robots for logistics automation, including loading, unloading, and palletizing tasks. Supported by major investors like Lightspeed Venture Partners and Kleiner Perkins, Dexterity’s latest Series B round of $95 million strengthens its leadership in industrial robotics and physical AI, helping global enterprises enhance warehouse efficiency and safety through intelligent automation systems.