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Regions such as the United States and Europe have multiplied the rebuilding of their industrial muscles, after decades of closing factories and using external sources to work to countries like China. To this end, it is called a fast -growing Polish startup GrayThat build robots – specifically automatic weapons – for logistical operations, announces the funding of $ 44 million, and the money that you will use in both technology and business, including its first efforts to sell its robots to customers in regions outside Europe, specifically North America.
Investing is essential not only for its size – the largest round of Nomagic yet – but because of those who are funding and what is going on in the broader industrial scene.
The permanent question that is asked about how to make areas more competitive in the industry again is a basic question: How? A large part of the workforce used to operate factories and warehouses in the past has moved to other types of jobs; And when it was not the case, industrial operators reduce the number of human workers to reduce costs and improve efficiency by bringing more automation.
Sometimes, the currents of human workers were crashed against technical innovation to improve efficiency together – witness Viral story about the start starting y combinator This was woven as an observer in the workplace -based workplace to highlight when workers explode, “Swekshop as a service”, as critics called it.
Just anger, unfortunately, does not mean that these types of techniques are not built, nor that humans will not become outdated in some jobs … or, on the other hand, that someone will not talk about them, their skills and skills will continue to work and live to fight Another working dispute. But he refers to continuous discussions and conflicts.
Nomagic financing, partially, seems to be a sign of how to see the world.
Driving this series B is a VC arm for the European Bank for Reconstruction and Development. EBRD is a development bank that participates in more than 70 countries and European Union institutions.
Erbd’s participation here emphasizes the batch that governments and their institutions give to try to motivate private companies to help rebuilding tasks: They see robots and technology as an important crane to help make Europe more competitive in the industry.
Besides EBRD, on the upper shelf, former supporters, Josla Vittshes, and Almez Capital, and a final indication of the institutional mission, the European Investment Bank (EIB) also participates in investment debts (the only type of investment that tends to do).
per Pitchbook dataIt seems that Nomagic has raised about $ 30 million previously (not an EIB debt account), and while investors refused and the same evaluation started, the KHOSL Kanu Gulati partner confirmed on Techcrunch that it was already a “round up” start. We previously set the start starting and technology here and here.
The main thing that must be observed about the Nomagic robotic arms is that, unlike many other startups, robots, not into devices.
“Most of our devices are outside the shelf,” said CEO, CEO who participated in the establishment of the company with Marik Seijan (CTO), and CSO (CSO)-in an interview.
The company was instead on the program. Using a computer vision, machine learning and other types of automation, it mainly built a “library” of different organisms, how to move, pack them and deal with them.
The robots are then operated through Nomagic AI through a wide range of use cases, and can be republished relatively easily on the basis of each case separately. NOWICKI said this contradicts how to build and operate a lot of automatic weapons. D’orgeval admitted that it is “contradictory” but Nomagic has no interest in building human robots, as many moving parts are presented by wheels in industrial spaces.
The company says it has grown 220 % annual annual revenues in the past year (although it does not reveal the actual number). She says she is on the right path for another 200 % of ARR growth this year against the background of demand from new and current customers in the vertical such as e -commerce and pharmaceutical preparations.
The company said that its customers include APO.com, Arvato, ASOS, Brack, Fiege, Komplett, or Vetlog.one.
The closest Nomagic competitor, last year, was the subject of an interesting agreement with Amazon. Leviathan e -commerce is a large robot investor for its own warehouses, and in July 2024It appeared that he hired the founders of Covariant and holding a major license with a startup. It was not a complete acquisition, to be clear – subscribers are still working as an independent company – but as a stadium for what might have NOMAGIC, the variable It is said Its last value was about 625 million dollars.
Companies such as Nomagic, Covariant and others in space such as Berkshire Gray and Robotics develop their technology at a time when robots are making their fingerprints increasingly in industrial environments.
Big players such as NVIDIA and SoftBank (which acquired Berkshire Gray in 2023) set the opportunity to build for the market, which was confirmed by the two currents: large companies slowly upgrade old equipment; And most importantly, they are Make a lot of noise on big bets They and their partners will build new material spaces for manufacturing and logistical services that will be the chances of the green field for new equipment.
The government’s role in this direction should not be reduced: the United Kingdom, the European Union, the United States and other regions invite more investment in the industry, and they will put more money behind this.