Nomagic Raises $44M for AI-Powered Robotic Arms, Expanding to North America
Nomagic secures $44M to scale its AI robotics, targeting North America with advanced warehouse automation solutions.
Matilda
Nomagic Raises $44M for AI-Powered Robotic Arms, Expanding to North America
Regions like the U.S. and Europe have been doubling down on rebuilding their industrial muscle after decades of closing down factories and outsourcing the work to countries like China. To that end, a fast-growing Polish startup called Nomagic, which builds robotic arms for picking, packing and moving in logistics operations, has raised $44 million in funding. The company plans to use the money for both technology and business development, including breaking ground on its first effort to sell its robots to customers outside Europe, specifically in North America. The investment is notable not just for its size, but because of who is doing the funding and what is going on in the wider industrial landscape. The perennial question when considering how to make regions more competitive in industry again is a basic one: How? A large part of the workforce that used to run the factories and warehouses of the past has moved to other jobs. And in spaces where that hasn’t happened, industrial operato…
