Nomagic Raises $10M Series B Extension for US Warehouse Push

Warsaw-based warehouse robotics company Nomagic has raised $10 million in a Series B extension round led by Cogito Capital Partners, bringing its total funding to over $84 million as it prepares to enter the US market.

Polish warehouse automation company Nomagic has secured an additional $10 million in Series B extension funding, with Cogito Capital Partners leading the round. The funding brings the company’s total capital raised to over $84 million, positioning it for an expansion into the competitive US warehouse robotics market.

Deal Details

The Series B extension round was announced January 28, with Cogito Capital Partners serving as the lead investor. Nomagic plans to use the funds to accelerate commercial growth and advance its technology roadmap, with a particular focus on entering the US market. The company did not disclose its current valuation.

Company Background

Founded in Warsaw, Nomagic develops AI-powered robots designed for automated warehouse operations. The company’s technology centers on what it calls “Physical AI” - systems that enable robots to understand and interact with complex warehouse environments. This approach allows their robots to handle tasks like picking, sorting, and moving inventory with minimal human intervention.

The company has built its reputation in European markets, where it has deployed its robotics solutions across various warehouse and logistics operations. Nomagic’s robots are designed to integrate with existing warehouse management systems, making adoption easier for logistics companies looking to automate without overhauling their entire infrastructure.

Market Context

Nomagic’s funding comes as the warehouse automation market continues to expand, driven by e-commerce growth and labor shortages in logistics operations. The company will face established competitors in the US market, including Amazon Robotics, Locus Robotics, and GreyOrange, all of which have significant market presence and customer bases.

The timing of Nomagic’s US expansion reflects broader trends in the robotics industry, where European companies are increasingly looking to establish footholds in North American markets. The company’s Physical AI approach differentiates it from purely hardware-focused competitors, positioning it in the growing segment of AI-driven warehouse solutions.

With over $84 million in total funding, Nomagic has substantial resources to support its US market entry, though success will depend on its ability to compete with well-established players and adapt its technology to American warehouse operations and regulations.