Formic
PrivateLast Round
Strategic
Oct 22, 2024
Est. Valuation
$127.4M
Total Funding Raised
$132.63M
Company Overview
Formic is a robotics company that develops customized automation solutions, offering manufacturers flexible and low-risk robots that enhance productivity by allowing them to pay based on usage.
Sector
Frontier & Industrial Tech
Verticals
Industrial Robotics, Warehouse Automation, Smart Manufacturing, Logistics Software
Business Model
B2B
Customer Profile
Hardware + Subscription, Services & Consulting, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Formic Comps
Public and private peers based on sector, stage, and business model.
Formic Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Oct 22, 2024 | ||||
| Series A | Jun 25, 2024 | ||||
| Debt | Jan 18, 2022 | ||||
| Seed | Mar 26, 2021 |
Formic Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| TransLink Capital | Series A |
| New Energy Capital | Series A |
| NEC & Translink Orchestrating Future Fund, L.P. | Series A |
| Lux Capital | Seed, Series A, Debt |
| Mitsubishi HC Capital America | Series A, Debt |
| Blackhorn Ventures | Debt, Series A |
| FJ Labs | Seed, Debt, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 8, 2026
Added Taylorfarms, a Food & Beverage company, as a customer.
- Feb 18, 2026
VP of Automation Engineering attended PACK EXPO East 2026.
Formic Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Formic's valuation, stock price, and market status.
