Formic Technologies (Series A)
Funding Details
Awarder
Inbox
Date Award
June 25, 2024
Vertical
Robotics/Automation
Funding Amount
$27,400,000
Company Info
Founding Year
2020
Founders
Saman Farid
Market
U.S. manufacturers
Location
Chicago, IL, USA
Coinvestors
Blackhorn Ventures, Lorimer Ventures, Mitsubishi HC Capital America, NEC Corporation, TransLink Capital
Company Description

Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.