Dexterity secures $95m, reaching $1.65bn valuation [Yahoo! Finance]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
Lightspeed Venture Partners participated in the latest funding, which adds to Dexterity's total capital of nearly $300m. The round also included backing from investors such as Sumitomo. The company's robots are designed to handle repetitive and hazardous tasks such as loading and unloading trucks, as well as sorting and moving parcels. Its customers include United Parcel Service and Federal Express. Dexterity plans to use the proceeds to further develop its technology and expand its workforce. Dexterity CEO Samir Menon was cited by the news agency as saying that Dexterity robots are designed to interact with their surroundings, identify objects and adjust their movements accordingly. Menon said: “The combination of those three is what we engineer and what we believe will drive the future of physical AI.” Menon added that the company employs multiple smaller AI models, each specialised for a particular task, rather than a single large AI system. Currently, Dexterity is
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UPS
Earnings
- 10/28/25 - Beat
UPS
Sec Filings
- 11/17/25 - Form 25-NSE
- 11/7/25 - Form 4
- 11/5/25 - Form 10-Q
- UPS's page on the SEC website