Formic Technologies

SoftwareSeries ANaperville, USformic.co

Latest round

Series A

Last raised

Jun 2024

Total raised

$54M

Investors

11

About Formic Technologies

, is a provider of turnkey robotic solutions to American manufacturers. In September 2020, Formic Technologies, Inc.125 million post-money. Formic has a Robotics-as-a-Service model providing customized industrial automation to small and mid-sized American manufacturers via subscription. The company's team of engineers, technicians, and product managers help build robots that help automate tasks including assembly, grinding, deburring, painting, polishing, machine tending, material handling, inspection, and welding. The company has built and deployed robots in various industries, including universities, the military, and financial companies.S. manufacturers.

Who invested in Formic Technologies

11 investors across 3 rounds

See all investors in Formic Technologies

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jun 25, 2024

    Amount

    $27M

    Investors

    Locked

  2. Series A

    Apr 2, 2024

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Jan 18, 2022

    Amount

    $27M

    Investors

    Locked

Questions about Formic Technologies

Who invested in Formic Technologies?

Formic Technologies has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Formic Technologies raised?

Formic Technologies has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Formic Technologies last raise money?

Formic Technologies's most recent round on record is a Series A, in Jun 2024.

What does Formic Technologies do?

, is a provider of turnkey robotic solutions to American manufacturers.

Where is Formic Technologies headquartered?

Formic Technologies is headquartered in Naperville, US.

Which VCs invest in companies like Formic Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Formic Technologies's stage. Their profiles are linked below.

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