FORMIC TECHNOLOGIES
At Formic, we want to increase the collective output of humanity by making automation deployments trivial and easy. Every factory should have access to unlimited 'labor' through robotics and automation rentals. We are building technology, financing, operations and services to make this vision possible. Formic is a fast-growing venture-backed startup focused on unlocking robotic automation in labor-starved industries such as food and beverage, advanced manufacturing, consumer packaged goods and other industrial settings. We combine financial innovation with a firm understanding of what robotics are capable of, to enable manufacturing customers to scale up their manufacturing capacity quickly and with minimal risk.
FORMIC TECHNOLOGIES
Industry:
Industrial Automation Manufacturing Robotics Software
Founded:
2020-09-20
Address:
Chicago, Illinois, United States
Country:
United States
Website Url:
http://www.formic.co
Total Employee:
11+
Status:
Active
Total Funding:
31.9 M USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SSL By Default Google Font API Google Analytics Apple Mobile Web Clips Icon Google Tag Manager Content Delivery Network Google Universal Analytics Wordpress Plugins
Similar Organizations
ANYbotics
ANYbotics is a robotics company that specializes in the development of advanced legged robots for industrial inspection.
Berkshire Grey
Berkshire Grey develops a materials handling system intended to automate omnichannel fulfillment.
Copia Automation
Copia automation brings DevOps tools to industrial automation.
Covariant
Covariant is an AI Robotics company developing a universal AI that enables robots to see, reason, and act on the world around them.
Cruise
Cruise builds self-driving vehicles that safely connect people to places, things, and experiences they care about.
PickNik Robotics
Solving the most complex robotics problems through our MoveIt platform.
Plus One Robotics
Plus One Robotics develops a parcel-handling robotics platform for logistics applications.
Seegrid
Seegrid is a provider of autonomous mobile robots (AMRs) and enterprise software for material handling.
Wrk
Wrk makes automation insanely simple.
Current Advisors List
Current Employees Featured
Founder
Investors List
Initialized Capital
Initialized Capital investment in Series A - Formic Technologies
Correlation Ventures
Correlation Ventures investment in Series A - Formic Technologies
Lux Capital
Lux Capital investment in Series A - Formic Technologies
One Planet Group
One Planet Group investment in Series A - Formic Technologies
Lorimer Ventures
Lorimer Ventures investment in Series A - Formic Technologies
Lux Capital
Lux Capital investment in Seed Round - Formic Technologies
Initialized Capital
Initialized Capital investment in Seed Round - Formic Technologies
Correlation Ventures
Correlation Ventures investment in Seed Round - Formic Technologies
Lorimer Ventures
Lorimer Ventures investment in Seed Round - Formic Technologies
Ali Tamaseb
Ali Tamaseb investment in Seed Round - Formic Technologies
Official Site Inspections
http://www.formic.co Semrush global rank: 2.47 M Semrush visits lastest month: 7.17 K
- Host name: 104.21.18.198
- IP address: 104.21.18.198
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago
More informations about "Formic Technologies"
Automation Made Easy | Formic
Products. Formic Palletizers The Formic Full Service Palletizer Rental Program delivers fully supported robotic palletizers by the month or year - all for one flat monthly rate. This Includes 24/7 technical support, 100% maintenance …See details»
About Formic | Formic
The Formic Full Service Palletizer Rental Program delivers fully supported robotic palletizers by the month or year - all for one flat monthly rate. This Includes 24/7 technical support, 100% maintenance coverage, and contracted performance …See details»
Formic Technologies - Crunchbase Company Profile & Funding
At Formic, we want to increase the collective output of humanity by making automation deployments trivial and easy. Every factory should have access to unlimited 'labor' through …See details»
Formic - LinkedIn
Formic Automation Machinery Manufacturing Chicago, Illinois 12,055 followers Fully Managed Robotic Automation.See details»
Formic - Company Profile - Tracxn
May 9, 2024 Formic - Provider of robotics inspection, repair & consulting services for various industries. Raised a total funding of $59.1M over 4 rounds from 11 investors. Valued at …See details»
Formic - Crunchbase Company Profile & Funding
Jul 10, 2024 FORMIC 50: Vehicles with a diameter of 950 mm and a load capacity of 5.0 tons per vehicle, achieving a system load capacity of up to 75 tons. FORMIC COMPACT: Compact …See details»
Formic Palletizing Assistant
Welcome to Formic. Search Inbox. Home Chat Facility SKUs Patterns Results Code. Login. Formic Technologies. Home Chat Facility SKUs Patterns Results Code. Login. Let us find your …See details»
Homepage / Formic
Formic: Formic Healthcare provides evidence-based quality improvement solutions to over 40 NHS Trusts and UK healthcare organisations. Book a demo. To arrange a demo, please call 0370 197 5608 ... [email protected] ...See details»
Resources - Formic
On October 3rd at 3PM ET, Formic and Mitsubishi HC Capital will be co-presenting! Register here to claim your spot! ... Formic Raises $27.4 Million to Bring Automation to More Manufacturers. …See details»
Formic - YouTube
Formic's unique Robotics-as-a-Service model delivers customized industrial automation via subscription. https://formic.co/See details»
Formic Technologies - Funding, Financials, Valuation & Investors
Formic aims to increase the collective output of humanity by making automation deployments trivial and easy. Search Crunchbase. Start Free Trial . Chrome Extension. ... How much …See details»
Formic Technologies - Overview, News & Similar companies
Formic Technologies contact info: Phone number: (844) 436-7642 Website: www.formic.co What does Formic Technologies do? Founded in September of 2020, Formic is a one-stop-shop for …See details»
Formic Company Profile - Office Locations, Competitors, Revenue …
Formic is a company that provides clinical assurance solutions for the healthcare sector. It offers clinical auditing, patient experience, case development, online hosting, report design, and …See details»
Formic Raises $27.4 Million to Bring Automation to More …
Jun 25, 2024 Robots-as-a-Service Provider Removes CapEx and Labor Challenges for Manufacturers to Enable Faster Increased Capacity and Growth. CHICAGO—June 25, …See details»
Saman Farid, The Co-Founder Story - Formic
Oct 8, 2021 Any foundational goals you hope to see Formic accomplish? I hope Formic can make it cheaper, faster and easier to deploy automation, and to constantly bring the newest …See details»
Formic Raises $27.4 Million to Bring Automation to More …
CHICAGO, June 25, 2024--Formic, a provider of Robots-as-a-Service (RaaS) automation for U.S. manufacturers, today announced it has raised another $27.4 million in Series A financing led …See details»
Formic Robotic Automation Software | Formic
Formic Colony 2.0 Scales Robotic Automation Fleet Monitoring, Management, and Maintenance . The latest release of the Formic Colony command center monitoring software provides an …See details»
Formic Releases New Software That Makes Everyone A Robotic …
CHICAGO, January 18, 2024--The Formic Core OS software makes every operations worker a robotic automation expert. If you can use a smartphone, you can program robotic machinery.See details»
Frequently Asked Questions - Formic
Formic’s solution is a way to automate purely out of operating budgets (OpEx) - paying a monthly rate for a specified output (for example, $4.5K a month to move 10 boxes per minute onto a …See details»