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Magazino GmbH develops autonomous logistics robots, including the SOTO and TORU robots, for warehouse material flow.
Founded in 2014 in Munich, Germany, by Frederik Brantner and Lukas Zanger, Magazino makes the SOTO robot for small load carriers and the TORU picking robot for shoe box logistics. The company has completed 5 deals. Its latest round was a EUR 21.00 mn Series B led by Jungheinrich AG in August 2023, and Jungheinrich acquired the company on August 23, 2023.
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