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)

<a href="https://fortune.com/2026/05/05/exclusive-nova-intelligence-ai-sap-chemistry-emma-qian/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260507/i27.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260507/p27#a260507p27" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Lily Mae Lazarus / <a href="http://www.fortune.com/">Fortune</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://fortune.com/2026/05/05/exclusive-nova-intelligence-ai-sap-chemistry-emma-qian/">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+</a></b></span>&nbsp; &mdash;&nbsp; An estimated 77% of the world's transactions touch an SAP system at some point.&nbsp; And most of that code is decades old &hellip; </p>