Warsaw-based Nomagic, a number one supplier of AI powered robotics for warehouses and the success sector, as we speak introduced the profitable shut of its newest funding spherical, securing €41.5 million.
The spherical is led by the VC arm of the European Financial institution for Reconstruction and Improvement (EBRD), with prolonged assist from current buyers Khosla Ventures and Almaz Capital, and contains beforehand signed Enterprise Debt from the European Funding Financial institution (EIB).
The funding might be used to scale deployments throughout Europe over the subsequent two years and proceed to spend money on Nomagic’s AI and Robotics expertise, constructing on latest breakthroughs by its AI crew.
“This funding spherical marks a pivotal second for Nomagic as we scale our options to satisfy the rising demand from our clients for bigger scale high-performing robotic techniques,” mentioned Kacper Nowicki, CEO of Nomagic. “With the assist of our buyers, we’re positioned to be the accomplice of alternative for the most important retailers, e-com distributors and 3PLs who search for robots already working at scale.”
Based in 2017 by Kacper Nowicki and Tristan d’Orgeval, Nomagic is a supplier of AI powered robotics, designed to streamline warehouse and fulfilment operations. By combining superior AI expertise with finest in breed robotics, Nomagic empowers companies to automate ecommerce and multichannel fulfilment processes, improve productiveness and scale back operational prices.
With demand rising from current and new clients in sectors corresponding to trend, normal merchandise, prescribed drugs and groceries, Nomagic expects to multiply the variety of websites with over 10 robots, throughout industries.
Nomagic has skilled vital traction over the previous 12 months, reaching a 220% development in contracted Annual Recurring Income (ARR) in 2024 and focusing on one other 200% enhance in 2025. This distinctive efficiency highlights the corporate’s technological excellence and rising market demand, each of which performed a key position in attracting this substantial funding.
The warehouse business is experiencing accelerated adoption of robotics, with robotic selecting options pushed by AI filling a important hole within the automation course of. These developments are driving vital curiosity from industries searching for to optimise operational effectivity and handle labour shortages.
Nomagic’s dedication to buyer success is mirrored in deployment milestones achieved with a number of key shoppers, together with Apo.com, Arvato, Asos, Brack, Fiege, Komplett and Vetlog.one.
“Nomagic’s confirmed observe file in deploying superior AI and robotics applied sciences, mixed with its spectacular development trajectory, positions it as a frontrunner within the warehouse automation revolution,” mentioned Bruno Lusic at EBRD Enterprise Capital. “We’re excited to assist the corporate because it continues to interrupt new floor on this dynamic business.”