Nomagic, a fast-growing Polish startup specializing in AI-powered robotic arms for logistics and industrial automation, has raised $44 million in funding to accelerate its global expansion. The company plans to use the capital to enhance its AI-driven technology and break into new markets, with a focus on North America.
The funding round was led by the venture capital arm of the European Bank for Reconstruction and Development (EBRD), reflecting a broader effort by European institutions to strengthen industrial competitiveness through automation. Bruno Lusic of the EBRD stated that Nomagic’s track record in deploying advanced AI and robotics, coupled with its rapid growth, positioned it as a leader in warehouse automation. He emphasized that the bank was eager to support the company as it pushes the boundaries of industrial robotics.
Khosla Ventures and Almaz Capital also participated in the round, reinforcing their continued confidence in Nomagic’s vision. The European Investment Bank (EIB) contributed venture debt, further signaling the institutional commitment to fostering AI and robotics innovation within Europe.
CEO Kacper Nowicki explained that unlike many robotics firms, Nomagic has prioritized software over hardware, leveraging computer vision, machine learning, and automation to create a scalable library of movement and handling capabilities. He noted that the company’s AI-powered robots can be easily adapted for various use cases, making them a versatile solution for logistics and manufacturing. Co-founder Tristan d’Orgeval described this approach as “contrarian” but essential for maximizing efficiency in industrial spaces.
Nomagic has experienced rapid growth, increasing its annual recurring revenue by 220% over the past year, with projections for an additional 200% growth in 2025. The company serves clients across e-commerce and pharmaceuticals, with major customers including Apo.com, Arvato, Asos, Brack, Fiege, Komplett, and Vetlog.one.
Industry observers have drawn comparisons between Nomagic and competitors such as Covariant, which was recently involved in a high-profile deal with Amazon. Khosla Ventures partner Kanu Gulati remarked that Amazon’s licensing arrangement with Covariant highlighted the difficulty of solving warehouse automation at scale, reinforcing the vast global opportunity for companies like Nomagic.
The robotics sector continues to attract major investments, with firms such as NVIDIA and SoftBank betting on the future of industrial automation. As governments in Europe and the U.S. ramp up investment in advanced manufacturing, Nomagic is poised to play a key role in shaping the next generation of AI-driven logistics solutions.
