AI digital workers for supply chain and procurement teams
Location: United Kingdom
Total raised: $5.5M
Funding Rounds 1
| Date | Series | Amount | Investors |
| 24.07.2025 | - | $5.5M | First Mome... |
Mentions in press and media 5
| Date | Title | Description |
| 25.07.2025 | AI Agents Revolutionize Supply Chains: Magentic Secures $5.5 Million | Magentic, a cutting-edge AI agent platform, recently secured $5.5 million in funding. This capital boost empowers "Mages," autonomous AI agents that revolutionize supply chain and procurement operations. These digital teammates pi... |
| 24.07.2025 | Magentic: $5.5 Million Raised For AI Agent Platform | Magentic, an AI Agent Platform that hunts and delivers savings in manufacturing supply chains, announced a $5.5 million funding round led by Sequoia Capital. The raise, including participation from The Westly Group, First Momentum Ventures,... |
| 22.07.2025 | Magentic Raises $5.5M in Funding | Magentic Founders: Robin Van Aeken (CEO) and Odhran O’Donoghue (CTO) Magentic, a London, UK-based provider of an AI agent platform that hunts and delivers savings across global manufacturing supply chains, raised $5.5M funding. The round wa... |
| 22.07.2025 | Magentic raises $5.5M to cut costs in tariff-impacted supply chains with AI | Magentic, an AI agent platform that identifies savings across global manufacturing supply chains, has closed a $5.5 million funding round to fuel team expansion and growth. Supplier compliance “leaks” are a widespread issue, with 90 per cen... |
| 22.07.2025 | AI agents hit the supply chain: British AI startup Magentic raises €4.6 million to scale enterprise automation | London-based Magentic has secured €4.6 million in funding to support the company’s goal of building a platform of autonomous AI agents – called Mages – designed to address inefficiencies and deliver significant cost savings across global su... |