EBRD Ventures has led a USD 44 million Series B funding round for Polish robotics manufacturer Nomagic, with participation from Khosla Ventures and Almaz Capital, to accelerate its innovative warehouse automation solutions.
Target Information
Nomagic, a Poland-based robotics company, specializes in developing advanced automation solutions specifically designed for warehouse operations. The company focuses on creating innovative robot systems that enhance efficiency, reduce labor costs, and improve the overall productivity of warehouse logistics.
With a commitment to transforming the warehousing industry, Nomagic has made significant strides in integrating robotics with artificial intelligence to automate repetitive tasks, ultimately making the supply chain more agile and responsive.
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Industry Overview in Poland
The warehouse automation industry in Poland has seen substantial growth in recent years, driven by the increasing demand for efficient logistics and the rise of e
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Disclosed details
Transaction Size: $44M