Formic Technologies (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- June 25, 2024
- Vertical
- Robotics/Automation
- Funding URL
- View Funding Page
- Funding Amount:
- $27,400,000
Company Info
- Founding Year
- 2020
- Founders
- Saman Farid
- Company Description
- Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.
- Market
- U.S. manufacturers
- Location
- Chicago, IL, USA
- Coinvestors
- Blackhorn Ventures, Lorimer Ventures, Mitsubishi HC Capital America, NEC Corporation, TransLink Capital