ManufacturingTomorrow

Formic Raises $50 Million to Scale Physical AI Across American Manufacturing

Series B led by Mercato Partners will accelerate the expansion into general-purpose robotics, building on more than 750,000 hours of live production across 100+ facilities.

By ManufacturingTomorrow

1 min read
Formic Raises $50 Million to Scale Physical AI Across American Manufacturing
AI-generated illustration

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Industrial Machinery & Automation

Related Insights