IntegratoractivePhysical AI / robotics-as-a-service for U.S. manufacturing; expanding from task-specific automation into general-purpose robotics and humanoids focusstartup
Formic
Formic provides manufacturers with state-of-the-art automation and a robot workforce, aiming to increase capacity, consistency, and reliability while reducing costs, downtime, and worker safety issues. Its offerings avoid 18-month deployment timelines and capital risk.
Chicago, USAFounded 2020
$50M
Total Funding
0
Robots
1
Funding Rounds
5
Investors
Known funding rounds
Series B
Oct 22, 2026$50M
Lead: Mercato Partners
5 sources reported this round
The technologies for bringing humanoids to life
Related news (5)
Humanoid Global Highlights Portfolio Company Formic’s US$50 Million Raise, Led by Mercato Partners, to Advance Physical AI Across American Manufacturing
news.google.com•Nov 2, 2026
US startup Formic raises $50 million to scale Physical AI
evertiq.com•Oct 26, 2026
Formic Raises $50 Million To Expand Physical AI And General-Purpose Robotics Across U.S. Manufacturing
pulse2.com•Oct 23, 2026
Formic Raises $50 Million to Scale Physical AI Across U.S. Manufacturing
ien.com•Oct 23, 2026
Formic Raises $50M to Expand From Factory Automation Into General-Purpose Robotics
theaiinsider.tech•Oct 23, 2026
Investors (5)
bank
Citi
USA