Nomagic picks up $22M in Series A funding

Nomagic, a developer of pick-and-place warehouse robots, brought in $22 million in Series A funding. Khosla Ventures, a Silicon Valley-based fund, Almaz Capital, a German venture capital fund, and the European Investment Bank led the funding round. 

The company’s last funding round, a seed round closed in February 2020, brought in $8.6 million and was also led by Khosla Ventures. Both rounds included participation from DN Capital, Capnamic Ventures and Manta Ray. 

Nomagic also announced its partnership with BRACK.CH, a Swiss e-commerce platform. BRACK.CH has adopted Nomagic’s picking solution to automate picking in its AutoStore system. The company plans to eventually expand use of Nomagic’s systems. 

Nomagic’s robotic solutions include justPick, a picking robot that works with AutoStore and Shuttle systems, and justInduct, a robot that is able to pick multi-SKU batches. The solutions both utilize Nomagic’s robotic arm that picks item from an unordered selection and pack it into place.

Working with the AutoStore and Shuttle systems, justPick turns manual warehouses into automated fulfillment centers. The system is able to pick for over 70% of SKUs, and can work autonomously for more than two hours. 

justInduct was created to prioritize throughput and seamless operation in feeding other automated storage or packing solutions. It has over a 99% success rate in scanning garments and boxes. The system can scan more than 600 items an hour. 

Originally, Nomagic’s technology was utilized picking small consumer electronics and accessories, like phones and cables. Now, the company works with a larger variety of items, like bagged apparel, and it hopes to continue expanding to more categories, like groceries. 

Nomagic was founded in June 2017 by Kacper Nowicki, the current CEO, Marek Cygan, the CTO, and Tristan d’Orgeval, the CSO.