# Form Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/form-robotics

- Industry: Hardware
- Headquarters: Vancouver, Canada
- Website: www.formrobotics.com
- Latest round: Seed (Mar 5, 2018)
- Investors on record: 2

## About

Form Robotics specializes in innovative robotics solutions that enhance automation, streamline manufacturing processes, and improve operational efficiency for various industries.Form Robotics develops advanced robotic systems that integrate seamlessly into existing workflows. The company is located in Vancouver, Canada. It was founded by individuals with previous entrepreneurial experience in the robotics sector. In March 2018, Form Robotics raised an undisclosed amount of Seed funding from investors Hax and SOSV, marking a pivotal moment in its strategic growth.Form Robotics specializes in innovative robotics solutions designed to enhance automation across various industries. The company's core offerings include advanced robotic systems that streamline manufacturing processes, improve operational efficiency, and reduce labor costs for end-users. These products are engineered to integrate seamlessly into existing workflows, providing solutions for tasks such as assembly, material handling, and quality control. Form Robotics targets a diverse client base that spans sectors including automotive, electronics, and consumer goods, focusing on markets in North America, Europe, and Asia.Form Robotics generates revenue primarily through direct sales of its robotic systems and related services, structured as B2B transactions. The company engages clients through customized solutions that cater to specific operational needs, supported by maintenance and training services to ensure optimal performance. The pricing model for these offerings typically involves one-time upfront costs for equipment, paired with subscription agreements for ongoing support and software updates. Flagship products, which have garnered considerable attention in the market, further enhance the company's reputation and client engagement. Transactions are characterized by long-term partnerships, allowing for continuous revenue streams as clients seek to upgrade and expand their automation capabilities.Form Robotics aims to bolster its product lineup with new robotic systems set for launch in late 2023. The company plans to expand into European markets, targeting Germany and France by mid-2024. The recent Seed funding raised in March 2018 will be essential in enhancing research and development capabilities to support these initiatives.

## Funding rounds

- Seed, Mar 5, 2018 — SOSV, HAX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- HAX — Seed