European Bank for Reconstruction and Development led a $44m Series B round in Nomagic.

European Bank for Reconstruction and Development, an international financial institution, led a $44m Series B round in Nomagic, a provider of AI powered robotics for warehouses and the fulfillment sector, with participation from Khosla Ventures and Almaz Capital. “This funding round marks a pivotal moment for Nomagic as we scale our solutions to meet the growing demand from our customers for larger scale high-performing robotic systems. With the support of our investors, we’re positioned to be the partner of choice for the largest retailers, e-com distributors and 3PLs who look for robots already operating at scale,” Kacper Nowicki, Nomagic CEO.