Formic Raises $50M Series B for Robot Fleet Rentals

Formic, a robots-as-a-service company, raised a $50M Series B round. It has deployed robots across 100+ facilities in over 30 US states, saying Physical AI has already arrived.

2026-10-23 ~ 2026-10-23 · 2 related posts

• Formic raises $50M Series B as warehouse robots hit 100+ facilities with 99.6% uptime — smtabatabaie · 2026-10-23
• Formic raises $50M Series B to scale physical AI across 100+ US factories — garrytan · 2026-10-23