M
Magazino
Transportation · Munich, Germany · Founded 2014
Develops and builds mobile perception driven robots for warehouse logistics and intralogistics MoreLess
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.
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.
Keywords: Robotics, Intralogistics, Automation, Autonomous Support, Industrial Production, Logistics Processes, Mobile Robots, ACROSAI Technology, TORU Robots, Jungheinrich.
Company overview
Magazino company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2014
- Headquarters
- Munich, Germany
- Employees
- 118
- Open positions
- 7
- Dealroom signal
- 62.1
Valuation & funding
Magazino 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 | — |
| EARLY VC✓Equity / VC | Feb 2018 | $22M | $88M | Cellcom Israel · Zalando · Fiege Logistics · Körber | ↗ |
| SECONDARY✓Other financing | Jul 2015 | $0 | — | Siemens | — |
| SEED✓Equity / VC | May 2014 | — | — | HTGF | — |
| SPINOUT✓Other financing | Jan 2014 | Technical University Munich | — | ||
| GRANT✓Other financing | Jan 2014 | EXIST | — | ||
| SUPPORT PROGRAM✓Other financing | Jan 2012 | 28DIGITAL Accelerator | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Magazino website traffic
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.
Hiring
Open positions at Magazino
Current openings linked to this company in Dealroom.
Comparisons
Magazino compared with similar companies
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Talent graph
Magazino's talent
Source: Dealroom Talent Intelligence.
Investors
14 investors on Magazino's cap table
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Global footprint
Where Magazino has talent and traffic
team presence
In the news
Latest news about Magazino
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Market sentiment
What the market is saying about Magazino
An AI-synthesized read of the highest-engagement posts about Magazino on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
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