Tech Company Financing Transactions
Magentic Funding Round
Sequoia Capital, First Momentum Ventures and The Westly Group participated in a $5.5 million funding round for Magentic. The financing round closed on 7/22/2025.
Transaction Overview
Company Name
Announced On
7/22/2025
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
224 W 35th St
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
Magentic Makes You Money. The AI Agent Platform for the world's supply chains. Magentic helps global manufacturers and producers hunt down and deliver savings opportunities with AI teammates called "Mages".
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Odhran O'Donoghue
Founder
Robin Van Aeken
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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