{"city":"Chicago","name":"Formic","slug":"formic","facts":[{"date":"2026-01-01","type":"pilot","value":"Humanoid pilots with select manufacturing customers","source":"formic.co"},{"date":"2025-09-25","type":"product_launch","value":"Top Load Case Packer, Floor Cleaning Robots, and Formic Production Intelligence","source":"businesswire.com"},{"date":"2024-06-25","type":"partnership","value":"Joint commercial agreement with Mitsubishi HC Capital America to source and finance Formic's Robotics-as-a-Service model","source":"businesswire.com"},{"date":"2024-06-25","type":"funding_round","value":"USD 27400000","source":"businesswire.com"},{"date":"2023-06-26","type":"contract","value":"Three-year contract with ICON Injection Molding for a customized Formic Tend system","source":"formic.co"},{"date":"2023-06-26","type":"deployment","value":"Formic Tend customized robotic machine operator deployed at ICON Injection Molding's Phoenix facility","source":"formic.co"}],"peers":[],"stage":"private","state":"Illinois","aliases":[],"country":"United States","domains":[{"why":"Formic provides and manages robotic production systems as a customer-facing service for U.S. manufacturers through its Robotics-as-a-Service offering.","list":null,"rank":null,"tier":"prospect","layer":null,"total":36,"domain":"Robotics","scores":{"gate_ne":["firepower"],"leverage":3,"position":3,"progress":7,"firepower":1,"commercial":1,"deployment":4,"production":5,"technology":4},"edition":null,"segment":null},{"why":"Formic runs narrowly scoped humanoid pilot cells for mid-market manufacturers, providing deployment, monitoring, teleoperation, and ongoing upgrades.","list":null,"rank":null,"tier":"prospect","layer":null,"total":33,"domain":"Humanoids","scores":{"gate_ne":["firepower"],"leverage":3,"position":2,"progress":6,"firepower":1,"commercial":1,"deployment":4,"production":5,"technology":4},"edition":null,"segment":null}],"founded":null,"signals":[{"date":"2026-10-26","header":"Formic raised $50 million in a Series B round led by Mercato Partners.","outlet":"Robot News"},{"date":"2026-10-23","header":"Formic raised $50 million to expand its physical AI platform into general-purpose robotics.","outlet":"The AI Insider"},{"date":"2026-10-23","header":"Formic’s robot fleet has accumulated more than 750,000 hours of production work.","outlet":"The AI Insider"},{"date":"2026-05-13","header":"Robots for America launched a U.S. robotics industry coalition to advance manufacturing automation policy.","outlet":"The AI Insider"},{"date":null,"header":"Formic and Jacobi Robotics partnered to simplify robotic-cell deployment and configuration.","outlet":"Jacobi Robotics"}],"website":"https://formic.co","category":"Robotics · Operators & services","categories":[{"name":"Humanoids · Systems","domain":"Humanoids","parent":null},{"name":"Ground","domain":"Robotics","parent":"Robotics · Operators & services"}],"last_round":null,"updated_at":"2026-10-27T10:00:56.581+00:00","facts_total":9,"positioning":"","sub_category":null,"signals_total":5,"url":"https://www.frontiertechintelligence.com/companies/formic","title":"Formic · robotics, Chicago, Illinois, United States · scores, facts and signals · Frontier Tech Intelligence","description":"Formic provides and manages robotic production systems as a customer-facing service for U.S. manufacturers through its Robotics-as-a-Service offering. Robotics prospect (score 36) 5 signals and 9 facts with sources.","publisher":"Frontier Tech Intelligence (Future Frontiers, a trade name of Essential Cognition Inc.)","note":"Assessment by Frontier Tech Intelligence; facts and signals carry their sources."}