Lakestar

Lakestar is a European venture capital firm and investor in Dexory, the London-based warehouse robotics and inventory intelligence company. The firm is one of a group of European and international investors that backed Dexorys Series B alongside lead investor Eurazeo Growth and co-investor Atomico.

Founded by Klaus Hommels and headquartered in Zurich, Lakestar manages approximately $2.5bn across multiple funds and has backed companies including Skype, Facebook, Spotify, and Airbnb in early Rounds, as well as more recent European technology investments. Hommels is one of Europes best-known angel and early-stage investors, and Lakestar has built a track record of backing consumer and enterprise technology platforms at the Series A and B stages.

For the European VC landscape, Lakestar sits alongside Atomico as a firm that bridges the gap between early-stage investing and the larger growth Rounds that have historically required American capital. Its participation in the Dexory round alongside Eurazeo Growth suggests that the European robotics and automation sector is attracting a deeper pool of domestic institutional capital than was the case five years ago.