FOFormic$50M · Series B · Chicago, USA · AI & Data Infrastructure
What changedRaised $50M in Series B funding, led by Mercato Partners.
The company said the funding supports accelerate its shift from task-specific automation to general-purpose robotics,strengthen its AI and robotics capabilities, expand into new applications such as metal fabrication, and deepen its work across aerospace, space, defense, medical, energy, and the broader U.S. industrial base.
Likely next AfterRaise intelligenceNew market entryFirst local hires in the new marketLocal entity and legal setup
Where help may be relevant AfterRaise intelligenceInfrastructure and computeEnterprise salesData partnershipsProduct leadershipMarket-entry advisers
Approach preferences not yet specified