Warnshine NymphousThe top supplier of AI driven robotics for warehouse and perfection sector has announced the successful closure of its latest investment round today, earning € 41.5 million.
This round is run by the VC arm of the European Bank for Reconstruction and Development (EBRD), including existing investor Khosla Ventures and Almaz Capital and the European Investment Bank (EIB) previously signed initiatives.
The fund will be used for deployment across Europe in the next two years, and to continue investing in AI and Robotics technology of nomic, focusing on its latest AI team.
“This Fund Round identifies an important moment for Nomagik because we scale our solutions to meet the growing demand from our customers for greater scale high-performed robotic systems“Said KakarCEO of nomic. “With the help of our investors, we are the largest retailers, e-coms distributors and 3PLS who already look for robots already operated on the scale as their preferred partnerThe “
Established in 2017 by Quakar Noki and Tristan D’Orejval, Nomatic AI -driven robotics supplier, designed to flow to the warehouse and perfection operations. With the combination of advanced AI technology with the best in the breed robotics, nomic traders give the ability to automate ecommerce and multicannell reputation processes, increase productivity and reduce operational costs.
Nomugic expects to exist in sectors such as fashion, general merchandise, pharmaceuticals and grocery, and as the new customers increase the demand from the industry will multiply the number of sites, including more than 10 robots.
Nomic has felt a significant traction in the last one year, with the annual repeating earnings (ARR) in 2021, which has achieved 225% growth and aimed at 20% increase in 2021. This exceptional performance highlights the company’s technical superiority and growing market demand, both played a key role in attracting this sufficient investment.
The warehouse industry is gaining accelerated adoption of robotics by filling a critical gap in the automation process driven by AI. These progresses are driven from industries to optimize operational skills and to deal with labor deficit.
Nomic’s promise to customer success is reflected in the milestone of the deployment acquired with several main clients, including APO.com, Arvato, ASOS, BRAC, Fizz, Complete and Vetolog.
“In combination with its impressive growth trajectory in the deployment of advanced AI and Robotics technology, it is topped by the warehouse automation revolution in combination with its impressive growth trajectory“Said Bruno EBRD Venture Capital A. “We are interested in supporting the agency as we are breaking new foundations in this dynamic industryThe “
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