Magazino targets international expansion with Jungheinrich and EIB funding
Mobile picking robot manufacturer Magazino has raised €21 million (£19 million) in funding, in a move that sees Jungheinrich take a stake in the firm and the two parties agree on a broad strategic cooperation in mobile automation. Both Jungheinrich and the European Investment Bank (EIB) led a series B funding round at the Munich-based robotics start-up. Magazino…