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Magentic develops AI agents to automate procurement and supply chain workflows.
Founded in 2024, Nasir AI Incorporated, doing business as Magentic, was co-founded by Robin Van Aeken and Odhran O'Donoghue. The company develops AI agents called Mages that manage supplier communication, invoice processing and contract compliance for manufacturers. In September 2026, it raised GBP 13 million in Series A funding led by Felicis Ventures, with First Momentum Ventures, Sequoia, The Westly Group and Borusan Ventures participating.
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