Polish Nomagic, a provider of AI powered robotics for warehouses and the fulfillment sector, announced securing €41.94 million.
👯 Founders: Marek Cygan (CTO), Kacper Nowicki (CEO), Tristan D’Orgeval
📅 Founding year: 2017
🏭 Industry: AI-powered robotics, Warehouse Automation, Fulfillment
💥 Problem: Warehouses and fulfillment centers face inefficiencies, labor shortages, and increasing demand for automation in order fulfillment.
📣 Solution: AI-powered robotic picking solutions that seamlessly integrate into ecommerce and multichannel fulfillment operations, optimizing efficiency and reducing costs.
👥 Customers: Ecommerce and multichannel fulfillment businesses, including Apo.com, Arvato, Asos, Brack, Fiege, Komplett, and Vetlog.one.
🌱 Stage: Series B
💰 Investment amount: €41.94 million ($44 million)
🚀 Funded by: EBRD Venture Capital (lead), Khosla Ventures, Almaz Capital, and European Investment Bank (EIB)
👁️🗨️ Investor’s perspective: “Nomagic’s proven track record in deploying advanced AI and robotics technologies, combined with its impressive growth trajectory, positions it as a leader in the warehouse automation revolution,” said Bruno Lusic at EBRD Venture Capital. “We’re excited to support the company as it continues to break new ground in this dynamic industry.”
💡 It will be spent on: Expanding deployments across Europe, further developing AI and robotics technology, and scaling operations to support growing customer demand.
💬 In their own words: “With the support of our investors, we’re positioned to be the partner of choice for the largest retailers, e-com distributors, and 3PLs who look for robots already operating at scale.” – Kacper Nowicki, CEO
💪 Their specialty: AI-powered robotic picking systems designed for warehouse automation and ecommerce fulfillment.
🔑 Business model: B2B SaaS and robotics deployment for warehouses and fulfillment centers, focusing on automation and efficiency.
👩🏫 Market: Warehouse automation, logistics, ecommerce fulfillment, and third-party logistics (3PL).
📊 Traction: 220% ARR growth in 2024; targeting another 200% growth in 2025; increasing number of deployments across multiple industries.
⚡ Competitors: Companies in AI-powered warehouse robotics, including Berkshire Grey, Locus Robotics, RightHand Robotics, and GreyOrange.
