Formic

General Information

Company Name

Formic

Founded Year

2020

Location (Offices)

Chicago, United States +1

Founders / Decision Makers

Number of Employees

Industries

Automation, Manufacturing, Robotics

Funding Stage

Series A

Social Media

Formic - Company Profile

Formic is a manufacturing and robotics company founded in 2020 and headquartered in the United States. The company's slogan "Fully Managed Robotic Automation. We Put 'Skin in the Game' for Your Success" reflects its commitment to simplifying automation for manufacturing businesses. Formic's innovative robot fleet is designed to enhance productivity and efficiency in factories, offering a solution for packing goods and stacking onto pallets with confidence, savings, and simplicity.

The company's last investment, a Venture Round investment at 02 April 2024, was secured from Roman Smolevskiy. This investment signifies a vote of confidence in Formic's mission to revolutionize manufacturing through cutting-edge automation technology.

Formic's dedication to creating a world of abundance through innovative automation solutions is evident in its versatile robots, which contribute to the production of a diverse range of products, including chocolate chip cookies, matcha powder, specialty chemicals, and hardware fasteners. The company's impact and vision can be explored further at www.formic.co.

This concise analysis provides an overview of Formic's core activities, recent investment, and its potential for transforming the manufacturing industry through advanced robotics technology.

Taxonomy: robotic automation, productivity, robot fleet, innovative automation, technology, factory automation, robotics, production efficiency, industrial robotics, manufacturing technology, industrial automation, automation solutions