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