EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market presence, accelerating warehouse automation across industries.

(PRESS RELEASE) LONDON, 26-Feb-2025 — /EuropaWire/ — EBRD Venture Capital, the technology-focused arm of the European Bank for Reconstruction and Development (EBRD), is spearheading a $44 million (€41.9 million) Series B funding round for Nomagic, a robotics company based in Poland. The round also includes contributions from prominent investors Khosla Ventures and Almaz Capital.

This latest investment aims to bolster Nomagic’s ongoing product development and fuel its sales and marketing initiatives. Specializing in autonomous robots, Nomagic is at the forefront of automation in logistics, e-commerce, and retail. Their innovative robots leverage advanced artificial intelligence (AI) and vision language models to streamline e-commerce and multichannel fulfilment processes. By enabling businesses to automate these tasks, Nomagic’s solutions significantly enhance productivity while lowering operational costs. With their ability to operate continuously, even during weekends and night shifts, Nomagic’s robots provide a high return on investment, thanks to their robot-as-a-service business model.

As robotics adoption in the warehouse sector continues to rise, AI-powered robotic picking solutions are becoming essential for enhancing operational efficiency and addressing labour shortages. These developments are generating substantial demand, particularly in industries such as fashion, general merchandise, pharmaceuticals, and groceries, all of which are keen to optimize their supply chain processes.

Kacper Nowicki, CEO of Nomagic, commented on the funding round: “This investment marks a pivotal moment for Nomagic as we scale our solutions to meet the surging demand for high-performance robotic systems. With our investors’ support, we are well positioned to become the go-to partner for major retailers, e-commerce distributors, and 3PLs seeking reliable and scalable robotics solutions.”

Bruno Lusic, Associate Director at EBRD Venture Capital, added: “We are thrilled to support Nomagic as it continues to innovate and lead the charge in the robotics and AI space. With its solid track record of deploying cutting-edge technologies and strong growth potential, Nomagic is set to play a significant role in the transformation of warehouse automation.”

EBRD Venture Capital, the Bank’s €250 million fund, focuses on early and growth-stage technology companies across Central and Eastern Europe and beyond, backing high-impact innovations that drive industrial transformation.

Media contact:

Tel: +44 207 338 7805
Email: Group-PressUnit@ebrd.com

SOURCE: EBRD