Nomagic said its justPick system can perform up to 500 picks per hour with over 95% SKU coverage. | Source: Nomagic
Nomagic GmbH yesterday announced that it has raised $44 million in its latest funding round. The Warsaw, Poland-based warehouse automation provider said it will use the funding to scale deployments across Europe over the next two years. It also said it plans to invest in building on recent breakthroughs by its artificial intelligence team.
Nomagic said it combines “best-in-breed” robotics with advanced AI to automate e-commerce and multichannel fulfillment. Its robotic arms work in picking, packing, and sorting processes.
“This funding round marks a pivotal moment for Nomagic as we scale our solutions to meet the growing demand from our customers for larger-scale, high-performing robotic systems,” stated Kacper Nowicki, CEO of Nomagic. “With the support of our investors, we’re positioned to be the partner of choice for the largest retailers, e-com distributors, and 3PLs [third-party logistics providers] who look for robots already operating at scale.”
Nowicki, Chief Technology Officer Marek Cygan, and Tristan d’Orgeval founded Nomagic in 2017. In 2022, Nomagic raised $22 million in Series A funding. The company used this funding to help expand its capabilities from picking smaller consumer electronics and accessories to working with larger items such as bagged apparel and groceries.
Nomagic targets the warehousing industry
The warehouse industry is experiencing accelerated adoption of robotics, according to Nomagic. Robotic picking systems are increasingly driven by AI, filling a critical gap in the automation process. These advancements are driving significant interest from industries seeking to optimize operational efficiency and address labor shortages, it said.
The Polish startup said it has experienced significant traction over the past year. It achieved a 220% growth in contracted annual recurring revenue (ARR) in 2024 and has targeted another 200% increase in 2025. Nomagic said this performance demonstrates growing market demand, which played a key role in attracting this investment.
The company added that demand is growing from existing and new customers in various sectors. These include fashion, general merchandise, pharmaceuticals, and groceries. Nomagic said it expects to multiply the number of sites with more than 10 robots across industries.
Nomagic claimed that it has reached key deployment milestones with several clients, including Apo.com, Arvato, Asos, Brack, Fiege, Komplett, and Vetlog.one. It noted that the investment will help it use the data from its growing robot fleet to advance large multimodal models.
“The variety of these collaborations demonstrate Nomagic’s ability to deliver scalable robotic solutions that integrate seamlessly into ecommerce and multichannel fulfilment operations for all industries,” the company said.
EBRD leads investment round
The venture capital arm of the European Bank for Reconstruction and Development (EBRD) led the round. Additional investors included Khosla Ventures and Almaz Capital, as well as previously signed Venture Debt from the European Investment Bank (EIB).
“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.”
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