Formic Technologies (Series A+)
Funding Details
Awarder
Gaingels
Date Award
May 24, 2024
Vertical
Artificial Intelligence and Robotics
Valuation
$159,999,990
Company Info
Founders
Saman Farid
Market
Enterprise Products / Software & Services
Coinvestors
Blackhorn Ventures,Mitsubishi
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.