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Magentic

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Funding and deals $18M reported

  • $18M Series A Sept 2026 · Felicis, Sequoia Capital, The Westly Group

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  1. Agents & Tools new

    Magentic raises $18M Series A to build AI workforce for industrial procurement

    Magentic, a London‑ and New York‑based startup, announced an $18 million Series A round led by Felicis, with Sequoia Capital and The Westly Group also participating. The funding follows a $5.5 million seed round raised…

    1 source
    Unite.AI

Questions about Magentic

How much funding has Magentic raised?

Magentic has $18M in reported deals covered by Digest AI: $18M Series A in September 2026.

What is the latest news about Magentic?

Magentic raises $18M Series A to build AI workforce for industrial procurement (17 September 2026).