Nomagic, a provider of AI powered robotics for warehouses and the fulfillment sector, has successfully closed its latest investment round, securing $44 million.
The funding will be used to scale deployments across Europe over the next two years and continue to invest in Nomagic’s AI and Robotics technology, building on recent breakthroughs by its AI team.
With demand growing from existing and new customers in sectors such as fashion, general merchandise, pharmaceuticals and groceries, Nomagic expects to multiply the number of sites with over 10 robots, across industries. [Read more…] about Nomagic secures $44 million investment to drive AI innovation in robotics