Nomagic Secures $44M Series B for North American Expansion
Deal News | Feb 26, 2025 | DN Capital Limited
Nomagic, a portfolio company of DN Capital Limited, has successfully secured a $44 million Series B funding round aimed at expanding its operations beyond Europe into North America. With the global focus on revamping industrial capabilities, Nomagic leverages its AI-powered robotic arms to enhance logistics operations significantly. This technology offers scalable automation solutions without requiring custom hardware, propelling a remarkable 220% ARR growth over the past year. The investment reflects the growing importance of automation in sustaining competitiveness in industries across the U.S. and Europe. The company is led by Kacper Nowicki, Marek Cygan, and Tristan d'Orgeval.
Sectors
- Automation and Robotics
- Venture Capital
- Logistics
Geography
- Europe – The current operational base of Nomagic and where they have experienced 220% ARR growth.
- North America – The new target market for expansion following the Series B funding.
- United States – A specific region within North America targeted for Nomagic's expansion as mentioned in the article.
Industry
- Automation and Robotics – The article discusses Nomagic's AI-powered robotic arms aimed at transforming logistics operations, which falls under the automation and robotics industry.
- Venture Capital – DN Capital Limited's investment in Nomagic represents an activity in the venture capital sector.
- Logistics – The focus on enhancing logistics operations with AI-powered solutions positions the article within the logistics industry.
Financials
- $44M – The amount raised by Nomagic in their Series B funding round.
- 220% – The percentage growth in Annual Recurring Revenue (ARR) experienced by Nomagic over the past year.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nomagic | Target Company | Company | A company specializing in AI-powered robotic arms for logistics automation. |
| DN Capital Limited | Investor | Company | A private equity firm that invested $44M in Nomagic's Series B funding round. |
| Kacper Nowicki | Leadership | Person | Leader in the Nomagic team. |
| Marek Cygan | Leadership | Person | Leader in the Nomagic team. |
| Tristan d'Orgeval | Leadership | Person | Leader in the Nomagic team. |