Formic
End-of-Line Automation | Case Packing & Palletizing
Chicago, United States · $59.1M raised
- Headquarters
- Chicago, Illinois
- Employees
- 11–50
- Business Model
- B2B
- Website
- formic.co
- Total Funding
- $59.1M
- Last Round
- $27.4M Series AJun 2024
- Rounds
- 3
About
Robotics-as-a-service platform delivering customized automation to US manufacturers at an hourly rate.
Summary
Formic is an Artificial Intelligence company based in Chicago, United States. It has raised $59.1M in total across 3 rounds, most recently a $27.4M Series A round in Jun 2024. Investors include Blackhorn Ventures, Lux Capital and Initialized Capital.
Tech & App Stack
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Funding History
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Jun 2024
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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