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Going to LogiMat 2025? Meet Us There.
At Nomagic, our mission has always been to bring the power of AI driven robotics to warehouses and fulfilment operations, enabling businesses to scale with efficiency and precision. Today, I am thrilled to share a significant milestone in our journey, the successful close of our latest investment round, securing $44 million to hyper scale our AI innovation and expansion.
This achievement is more than just a financial milestone; it is a testament to the trust our customers, investors, and partners have placed in us. It marks a critical moment as we scale our solutions to meet the growing demand for larger, high-performing robotic systems in an industry experiencing rapid transformation.
Our customers, from global e-commerce leaders to specialised fulfilment centers are facing increasing pressure to optimise efficiency, reduce costs and manage labor shortages. Robotic automation is no longer a luxury but a necessity in today’s logistics landscape. With this investment, we are doubling down on what we do best:
This round, led by the Venture Capital arm of the European Bank for Reconstruction and Development (EBRD) and supported by Khosla Ventures and Almaz Capital, is a strong validation of our technology, our vision, and the progress we have made. Over the past year, we have seen 220% growth in contracted Annual Recurring Revenue (ARR) and are on track for another 200% growth in 2025.
For us, this investment isn’t just about growth, it’s about scaling responsibly. We are committed to:
The warehouse industry is undergoing a profound shift. AI powered robotics are filling a critical automation gap, enabling businesses to achieve higher efficiency, reliability and scalability. With this investment, we are in a stronger position than ever to help our customers navigate these changes and unlock new levels of performance.
I want to extend my deepest gratitude to our investors, customers and the incredible team at Nomagic for making this possible. We are just getting started and I couldn’t be more excited about the road ahead.
The future of warehouse automation is happening now and together, we’re making it happen.
Get in touch with Nomagic to see how our innovative technology can take your fulfillment processes to the next level.