Funding Details
- Awarder
- Gaingels
- Date Award
- May 24, 2024
- Vertical
- Artificial Intelligence and Robotics
- Funding URL
- View Funding Page
- Valuation
-
$159,999,990
Company Info
- Founders
- Saman Farid
- Company Description
- A robotics company designed to develop customized robots for operation automation. Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.
- Market
- Enterprise Products / Software & Services
- Coinvestors
- Blackhorn Ventures,Mitsubishi
Links