Funding

Nomagic picks up $44M for its AI-powered robotic arms

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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 robots — specifically robotic arms — for logistics operations, is announcing $44 million in funding, money it will use for both technology and business development, including breaking ground on its first efforts to sell its robots to customers in regions outside Europe, specifically North…

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