{"id":590,"date":"2020-02-04T14:59:07","date_gmt":"2020-02-04T14:59:07","guid":{"rendered":"https:\/\/www.dncapital.com\/blog\/?p=590"},"modified":"2020-10-15T16:09:42","modified_gmt":"2020-10-15T16:09:42","slug":"khosla-ventures-leads-8-6m-round-in-polish-robotics-startup-nomagic","status":"publish","type":"post","link":"https:\/\/www.dncapital.com\/blog\/khosla-ventures-leads-8-6m-round-in-polish-robotics-startup-nomagic\/","title":{"rendered":"Khosla Ventures leads $8.6m round in Polish robotics startup Nomagic"},"content":{"rendered":"<p><a href=\"https:\/\/nomagic.ai\/\">Nomagic<\/a>, has developed software to enable a robotic arm to identify items from an unordered selection, pick them and pack them into boxes. Today the company is announcing an $8.6 million funding round, one of the largest-ever seed rounds for a Polish startup. The round is being led by Khosla Ventures and Hoxton Ventures with participation from previous investors DN Capital, Capnamic Ventures and Manta -Ray.<\/p>\n<p>Nomagic&#8217;s founders are Kacper Nowicki (formerly of Google), Marek Cygan (an academic) and Tristan d\u2019Orgeval (formerly of Climate Corporation). The three co-founders felt that the problem of unstructured objects had been overlooked by other robotics startups, and represented a huge opportunity\u00a0to make logistics and fulfilment more efficient.<\/p>\n<p>Nomagic&#8217;s technology is already being operationalised in\u00a0with third-party logistics and fulfilment providers in Poland,\u00a0\u00a0as well as retailers like Cdiscount in France. It was this technological prowess and early customer endorsement which attracted one of Silicon Valley&#8217;s best known funds to make a rare foray over to Europe.<\/p>\n<p>\u201cThe Nomagic team has made significant strides since its founding in 2017,\u201d says Sven Strohband, Managing Director of Khosla Ventures. \u201cThere\u2019s a massive opportunity within the European market for warehouse robotics and automation, and NoMagic is well-positioned to capture some of that market share.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nomagic, has developed software to enable a robotic arm to identify items from an unordered selection, pick them and pack them into boxes. Today the company is announcing an $8.6 million funding round, one of the largest-ever seed rounds for [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":591,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-portfolio-news"],"_links":{"self":[{"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/posts\/590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/comments?post=590"}],"version-history":[{"count":1,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/posts\/590\/revisions"}],"predecessor-version":[{"id":592,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/posts\/590\/revisions\/592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/media\/591"}],"wp:attachment":[{"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/media?parent=590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/categories?post=590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dncapital.com\/blog\/wp-json\/wp\/v2\/tags?post=590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}