Nova Intelligence, which is building agentic AI for SAP ahead of a 2030 migration, raised a $31.5M Series A led by Chemistry, taking its total funding to $40M+ (Lily Mae Lazarus/Fortune)

Nova Intelligence has secured $31.5 million in a Series A funding round led by Chemistry, bringing its total funding to over $40 million. The company is focused on developing agentic AI solutions for SAP systems, which are integral to a vast majority of global transactions. This funding comes as businesses prepare for a significant migration to updated systems by 2030.