Formic raises $50M Series B as warehouse robots hit 100+ facilities with 99.6% uptime
smtabatabaie · x · 2026-10-23
Robotics-as-a-service startup Formic announced a $50M Series B, pushing back on the notion that physical AI is all demos: the company says it already ships robots to customers daily, with 100+ facilities across 30+ states and 99.6% uptime. The new capital funds the next phase of task expansion and deployment. The post includes a photo of Formic robots trucked out to a customer site.
Related event: Formic Raises $50M Series B for Robot Fleet Rentals(2 posts)→
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