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Formic

74 employees

Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.

Basic info

Industry

automation machinery manufacturing

Sectors

Robotics and Industrial Automation
Industrial Automation
Software
Manufacturing
Robotics

Date founded

2020

Funding rounds raised

Total raised

$27M

from 9 investors over 9 rounds

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Formic raised $27M on January 18, 2022

Investors: Correlation Ventures, One Planet Ops, Lorimer Ventures, Initialized Capital and Lux Capital

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Formic raised $5.4M on October 1, 2021

Investors: Correlation Ventures, Lorimer Ventures, Initialized Capital and Lux Capital

FAQ