The round is led by the VC arm of the European Bank for Reconstruction and Development (EBRD), with extended support from existing investors Khosla Ventures and Almaz Capital, and includes previously signed Venture Debt from the European Investment Bank (EIB).
The funding will be used to scale deployments across Europe over the next two years and continue to invest in Nomagic’s AI and Robotics technology, building on recent breakthroughs by its AI team.
“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,” said 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 who look for robots already operating at scale.”
Founded in 2017 by Kacper Nowicki and Tristan d’Orgeval, Nomagic is a provider of AI powered robotics, designed to streamline warehouse and fulfilment operations. By combining advanced AI technology with best in breed robotics, Nomagic empowers businesses to automate ecommerce and multichannel fulfilment processes, enhance productivity and reduce operational costs.
With demand growing from existing and new customers in sectors such as fashion, general merchandise, pharmaceuticals and groceries, Nomagic expects to multiply the number of sites with over 10 robots, across industries.
Nomagic has experienced significant traction over the past year, achieving a 220% growth in contracted Annual Recurring Revenue (ARR) in 2024 and targeting another 200% increase in 2025. This exceptional performance highlights the company’s technological excellence and growing market demand, both of which played a key role in attracting this substantial investment.
The warehouse industry is experiencing accelerated adoption of robotics, with robotic picking solutions driven by AI filling a critical gap in the automation process. These advancements are driving significant interest from industries seeking to optimise operational efficiency and address labour shortages.
Nomagic’s commitment to customer success is reflected in deployment milestones achieved with several key clients, including Apo.com, Arvato, Asos, Brack, Fiege, Komplett and Vetlog.one.
“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.”
