At Formic, we make automation simple. We're dedicated to helping manufacturing businesses across the United States supercharge their productivity. Our cutting-edge robot fleet empowers factories to STACK, PACK, WELD, and TEND (CNC machines, presses, injection molding machines, and more) at speeds 2-3 times faster than before. Our versatile robots play a role in producing a wide array of products you know and love - from delicious chocolate chip cookies and matcha powder to critical aircraft components and truck locks, as well as quality golf carts and lawn mowers. We're on a mission to create a world of abundance through innovative automation solutions. Discover the impact of our technology at www.formic.co.
Location: United States, Illinois, Chicago
Employees: 51-200
Total raised: $26.5M
Founded date: 2020
Investors 4
| Date | Name | Website |
| - | Team Build... | teambuilde... |
| - | Lorimer Ve... | lorimerven... |
| 03.09.2021 | Lux Capita... | luxcapital... |
| 27.08.2021 | Initialize... | initialize... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 18.01.2022 | Series A | $26.5M | Lux Capita... |
Mentions in press and media 8
| Date | Title | Description | Source |
| 29.01.2024 | Jacobi Robotics and Formic Team Up to Rapidly Configure Robo... | Technology innovation meets business innovation in a strategic partnership to integrate Jacobi’s AI-... | aithority.... |
| 18.01.2024 | Formic Releases New Software That Makes Everyone A Robotic A... | The new intuitive, AI powered robotic automation software simplifies technology adoption, empowers e... | venturebea... |
| 08.08.2023 | These robotics companies are hiring | I certainly wouldn’t go so far as to say the robotics industry is recession-proof, but it’s remained... | techcrunch... |
| 07.08.2023 | The Future of Robotics: Industry Perspectives and Technologi... | David Thompson, Tech Times 07 August 2023, 11:08 am In the ever-evolving landscape of technology, we... | techtimes.... |
| 11.05.2023 | Keepon, carry on | I’m back in the South Bay this week, banging away at an introduction in the hotel lobby a few minute... | techcrunch... |
| 20.04.2023 | Let’s work together | There are about four duck boats lined up directly across the street from this coffee shop. Boston ha... | techcrunch... |
| 13.04.2023 | Survey says! | Last fall, Alex and I discussed bringing back the TC+ robotics survey. I gave him the usual caveat: ... | techcrunch... |
| 18.01.2022 | Formic Technologies Raises $26.5 Million Series A Led By Lux... | Formic Technologies, a provider of turnkey robotic solutions to American manufacturers, has raised $... | marketscre... |