Polish robotics startup Nomagic has raised US$44 million in a series B funding round to expand its market presence beyond Europe, targeting North America.

The company specializes in AI-driven robotic arms for logistics and plans to use the funds for technology advancements and business development.

The funding round was led by the European Bank for Reconstruction and Development (EBRD).

Existing investors, including Khosla Ventures and Almaz Capital, also participated, along with venture debt contributions from the European Investment Bank (EIB).