Formic Technologies Funding: $60M Raised, Series A (2024)

Formic Technologies is a Robotics company based in Chicago. It has raised $60M in total funding. Latest round: Series A.

Formic Technologies funding overview

Formic Technologies is a Robotics company based in Chicago. Formic Technologies has raised $60M in total disclosed funding. That places its disclosed total in the $25M–$100M range. Its most recent disclosed round is a Series A announced in July 2024. The round record for Formic Technologies runs through 2024; nothing later has been disclosed. Investors on record include Blackhorn Ventures, Alumni Ventures, Mitsubishi Electric Innovation Fund. 3 distinct backers are named across the disclosed rounds.

Formic Technologies at a glance

Total raised
$60M
Latest round
Series A
Latest round date
July 2024
Industry
Robotics
Headquarters
Chicago
Notable investors
Blackhorn Ventures, Alumni Ventures, Mitsubishi Electric Innovation Fund

Frequently asked about Formic Technologies funding

How much has Formic Technologies raised?
Formic Technologies has raised $60M in total disclosed funding across the rounds on record.
Who has invested in Formic Technologies?
Blackhorn Ventures, Alumni Ventures, Mitsubishi Electric Innovation Fund are named among the investors backing Formic Technologies.
What was the latest Formic Technologies funding round?
The most recent disclosed round is a Series A, announced in July 2024.
Where is Formic Technologies based?
Formic Technologies is based in Chicago.
What sector does Formic Technologies operate in?
Formic Technologies is tracked under Robotics from Chicago, with $60M in disclosed funding.
When did Formic Technologies last raise?
The last disclosed Formic Technologies round closed in July 2024 at Series A.

Every Formic Technologies figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare Robotics companies in Chicago at a similar stage.

Formic Technologies founders (1)

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