Formic Technologies
Chicago, US · 9 known investors
Formic develops automation and robotics solutions for factories to increase production capacity and reliability while reducing costs, downtime, and safety risks. The company enables manufacturers to deploy automation without lengthy timelines or significant capital expenditure.
Advanced ManufacturingAI & Machine LearningRobotics
Founders & leadership
SF
Saman FaridFounder & CEO
Investors · 9
In the news
- The Product and IP Strategy of Formic's Robotics-as-a-Service Model.22astronauts.com · 2025
- Formic brings in $27.4M to expand its global fleet, increase support network - The Robot Reporttherobotreport.com · 2024
- Chicago robotics startup Formic brings in new Series A financing - Chicago Business Journalbizjournals.com · 2024
- Formic Technologies Raises $26.5 Million Series A Led By Lux Capitalbusinesswire.com · 2022
- San Pablo California based Formic Technologies is raising $5,230,122.00 in New Equity Investment. - intelligence360intelligence360.news · 2021
- Formic Technologies Raises Series A Funding to Offer Robotics as a Service to Manufacturers - Robotics 24/7robotics247.com