Formic
Chicago robots-as-a-service provider that designs, installs and maintains automation for US manufacturers, who pay by the hour instead of buying the equipment.
Funding history
| Date | Round | Amount | Post-money valuation | Lead investor | Investors | Status | Source |
|---|---|---|---|---|---|---|---|
| Jun 25, 2024 | Series A extension | $27.4M | — | Blackhorn Ventures | Blackhorn VenturesMitsubishi HC Capital AmericaNECTranslink CapitalAlumni VenturesFJ LabsLux CapitalInitialized CapitalLorimer Ventures | Official | Source |
| Jan 18, 2022 | Series A | $26.5M | — | Lux Capital | Lux CapitalInitialized CapitalCorrelation VenturesLorimer VenturesOne Planet VC | Official | Source |