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Magentic raises $18M to put AI agents to work in manufacturers’ supply chains

This story is from 2026-09-17. It is preserved in the archive; the latest stories are on the live feed.

The London-based Magentic, a start-up building AI agents for procurement and supply chain teams at large manufacturers, has raised $18M in a Series A round today, led by Felicis. Sequoia Capital and The Westly Group, which were existing investors, also took part. Also, this round comes a year after…

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  1. 2026-09-17 12:00 · The Next Web
    Magentic raises $18M to put AI agents to work in manufacturers’ supply chains

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