Nomagic, a company specializing in AI-driven robotic solutions for order fulfillment in warehouses, has successfully closed its latest Series B funding round, securing $44 million for further growth. This brings the company’s total funding to $74 million from investors.
The newly acquired capital will support AI and robotics development, expansion of the R&D center in Warsaw, and business scaling in Europe and North America over the next two years. With rising demand from both existing and new customers, Nomagic is planning additional deployments of its solutions in warehouses and logistics centers.
Nomagic remains strongly tied to Warsaw, where it employs over 80 engineers and specialists and has already invested tens of millions of złoty in development.
A Future of Automation
The venture capital arm of the European Bank for Reconstruction and Development (EBRD) led this investment round, with continued support from existing backers Khosla Ventures and Almaz Capital. The round also includes pre-agreed venture debt financing from the European Investment Bank (EIB). Additionally, among individual investors, Marcin Żukowski, co-founder of Snowflake, has joined as a backer.
“This funding round comes at a critical moment for Nomagic. We are scaling our solutions to meet the increasing demand for intelligent, high-performance robotic systems,” says Kacper Nowicki, CEO of Nomagic and former head of Google’s engineering offices in Poland.
The company’s rapid growth is reflected in the numbers—Nomagic achieved an impressive 220% increase in contracted subscriptions (ARR) in 2024, with a target of an additional 200% growth in 2025.
“With the backing of our investors, we are positioning ourselves as a trusted partner for major retailers, e-commerce companies, and logistics operators, providing AI-powered robots ready for large-scale deployment,” adds Nowicki.
The CEO highlights the surge in warehouse automation, as AI-driven order fulfillment systems fill a crucial gap in operational efficiency and labor shortages.
“These innovations are gaining immense traction among companies aiming to optimize operational performance and address workforce shortages,” Nowicki emphasizes.
Polish Robots Going Global
Currently, Nomagic’s AI-powered robots are operating in several logistics centers worldwide, including in Germany, Switzerland, and Norway. Over the next two years, the company plans to further expand across Europe and North America, while maintaining a strong presence in Poland, a key market.
“Poland remains a crucial engineering hub for us. This is where we recruit top talent and collaborate closely with scientists from the University of Warsaw, particularly through Professor Marek Cygan, our co-founder and Head of AI. We also fund a robotics lab at the university,” Nowicki highlights.
Nomagic’s commitment to its customers is evident in key partnerships with industry leaders, such as Apo.com, Arvato, Asos, Brack, Fiege, Komplett, and Vetlog.one. The diverse range of clients demonstrates Nomagic’s ability to deliver scalable robotic solutions that integrate seamlessly with e-commerce operations and multi-channel order fulfillment across various industries.
“Nomagic’s track record in deploying cutting-edge AI and robotics solutions, combined with its remarkable growth trajectory, makes it a leader in the warehouse and logistics automation revolution,” says Bruno Lusic, an investor from EBRD Venture Capital, supporting Nomagic’s breakthrough achievements in this fast-growing sector.
The Future of Warehouse Automation
According to industry research, the global warehouse automation market was valued at $21.8 billion in 2024 and is projected to reach $95.4 billion by 2034, growing at an average annual rate (CAGR) of 15.9% (Precedence Research). Meanwhile, the World Robotics 2024 report highlights a 30% global increase in sales of service robots, with forecasts suggesting that by the end of 2025, the sector will exceed $239 billion in revenue.
Nomagic’s AI-driven robotics solutions position the company at the forefront of this transformation, bridging the gap between technology and operational efficiency in warehouses and logistics centers worldwide.
Source: Manager Plus