Nomagic secures a USD 10 million Series B extension round led by Cogito Capital Partners to enhance its Physical AI-driven warehouse automation solutions, bringing its total funding to over USD 84 million.

Information on the Target

Nomagic is a prominent warehouse robotics company based in Warsaw, Poland, that specializes in utilizing breakthrough general-purpose Physical AI to enhance warehouse operations. The company’s robots are designed to learn from extensive real-world operational data, which has been amassed from millions of tasks performed in 24/7 environments. This data-driven approach enables Nomagic's adaptable Physical AI platform to efficiently manage a diverse range of warehouse workflows.

With the recent completion of a USD 10 million Series B extension round led by Cogito Capital Partners, Nomagic has successfully raised over USD 84 million in total funding. The company's cutting-edge technology positions it at the forefront of the rapidly evolving field of warehouse automation, where it aims to optimize operations through advanced robotics and AI solutions.

Industry Overview in Poland

The warehouse automation industry in Poland has experienced significant growth in recent years, driven by the increasing demand for efficient logistics solutions amid a rapidly expanding