# Formic Technologies: Industrial Automation, Chicago, United States

> Formic Technologies: Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.

Source: https://millionrounds.com/startup/formic-technologies (Millionrounds; every figure on the page links to its filing or article)

United States · [Industrial Automation startup](https://millionrounds.com/companies)

# Formic Technologies

Formic aims to increase the collective output of humanity by making automation deployments trivial and easy.

Funding reported Last round: Series A

Industrial Automation Chicago, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** $59M in dollars
- **Last round:** Series A Jun 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Formic Technologies has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Formic Technologies raised

Funding, as reported

Reported in all **$59M** in dollars

Rounds **3**

Last round **Series A**

Last round date **Jun 2024**

Investors listed **16**

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Saman Amirkia Farid** Executive Officer, Director i

On the board, as filed i *Garry Amirkia Tan*

## On 11 portfolio pages

Investors who name them

- [Safar Partners](https://millionrounds.com/fund/safar-partners)
- [One Planet Group](https://millionrounds.com/fund/one-planet-group)
- [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation)
- [Team Builder Ventures](https://millionrounds.com/fund/team-builder-ventures)
- [Carnrite Ventures](https://millionrounds.com/fund/carnrite-ventures-2)
- [Evolution VC](https://millionrounds.com/fund/evolution-vc)
- [Keybridge Ventures](https://millionrounds.com/fund/keybridge-ventures)
- [Deep Acre](https://millionrounds.com/fund/deep-acre)
- [Litquidity Ventures](https://millionrounds.com/fund/litquidity-ventures)
- [Meyer Keith](https://millionrounds.com/fund/meyer-keith-management-llc)
- [One Planet VC](https://millionrounds.com/fund/one-planet-vc)

Each firm lists Formic Technologies on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Industrial Automation in United States

Startups like it

- [**ARRIS Composites** Berkeley · founded 2017 *Raised*](https://millionrounds.com/company/arris-composites)
- [**Nauticus Robotics** Webster · founded 2020](https://millionrounds.com/startup/nauticus-robotics)
- [**Nanotronics Imaging** Brooklyn · founded 2010](https://millionrounds.com/startup/nanotronics-imaging)
- [**Anki** San Francisco · founded 2010](https://millionrounds.com/startup/anki-2)
- [**Aethon** Pittsburgh · founded 2001](https://millionrounds.com/startup/aethon)
- [**Fox Robotics** Austin · founded 2017](https://millionrounds.com/startup/fox-robotics-2)
- [**Harvest Automation** Billerica · founded 2009](https://millionrounds.com/startup/harvest-automation)
- [**Powerit Solutions** Seattle · founded 1994](https://millionrounds.com/startup/powerit-solutions)

## Is this your company?

Add your raise, your deck and your story, and put Formic Technologies in front of investors. Or tell us what we have wrong.

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