M
Magazino
Develops and builds mobile perception driven robots for warehouse logistics and intralogistics
About Magazino
Magazino is a German-based startup that specializes in the development and implementation of intelligent intralogistics. The company's primary focus is on creating flexible and efficient logistics processes through the combination of mobile robots and their proprietary ACROSAI technology. These robots are designed to work alongside humans in industrial production lines, providing autonomous support that enhances productivity and efficiency.
Read full description
Magazino's primary clients are companies operating in the logistics and industrial production sectors. The company's robots are currently being used in Zalando's logistics centers, with a fleet of 57 TORU robots in operation. The TORU robots are designed to handle and transport materials in warehouses, thereby streamlining the logistics process.
The company's business model is centered on the sale and deployment of their robots to businesses that require efficient logistics solutions. They generate revenue through the sale of these robots and also through the provision of related services, such as maintenance and support.
Recently, Magazino's entire shares were acquired by Jungheinrich, a move that is expected to further enhance the company's capabilities and expand its market reach. In addition, CLS iMation has expanded its service portfolio with solutions from Magazino, revolutionizing robotics for logistics processes.
At a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- Munich, Germany
- Employees
- 118
- Open positions
- 7
- Dealroom signal
- 62.1/100
- Sub-industry
- Autonomous & Sensor Tech, Logistics & Delivery
- Sector
- Transportation, Supply Chain Management, Warehousing, Unmanned Ground Vehicle, Core AI, Industrial Robotics
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Autonomous & Sensor Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2023 | $0 | — | Jungheinrich | ↗ |
| SERIES B✓Equity / VC | Sep 2020 | $23M | $92M | European Investment Bank | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Magazino is 4.8K monthly website visits, down 48.4% over the last three months. Magazino's team grew 0% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
EXIST
HTGF
Series A5 investors entered at this stage
Körber
Cellcom Israel
Zalando
Fiege Logistics
European Investment Bank
Series B and later1 investor entered at this stage
Siemens
Other known investors6 additional known investors
28DIGITAL Accelerator
Jungheinrich
Technical University Munich
European Innovation Council
F-Log Ventures
UVC Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Magazino on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Magazino’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.