News Score: Score the News, Sort the News, Rewrite the Headlines

Formic brings in $27.4M to expand its global fleet, increase support network - The Robot Report

Listen to this article Formic Stack address labor shortages with automated palletizing, while Formic Pack automates placement of prepacked goods into containers. | Source: Formic Technologies Formic Technologies Inc. today announced that it raised another $27.4 million in Series A funding. This builds on the company’s January 2022 funding round, bringing the company’s total Series A funding to $52 million. “[During] the first Series A, we were really at the early stages of kind of figuring out t...

Read more at therobotreport.com

© News Score  score the news, sort the news, rewrite the headlines