Funding · Series A · 18 September 2026
Magentic raises £13.5m led by Felicis
London-based Magentic has raised £13.5m in a Series A round, led by Felicis. It builds multi-agent AI that acts as virtual staff handling procurement and supply chain work in manufacturers. Sequoia Capital and The Westly Group also invested. The money will go on speeding up its agent roadmap and long-horizon AI research.
76thRound size percentile, 17 series a rounds
Press report
CompanyMagentic
StageSeries A
SectorAI
Based inLondon
InvestorsFelicis, Sequoia Capital, The Westly Group
SourcePress · confidence highView source ↗
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