Formic Technologies nets $26.5m Series A

Formic Technologies, a provider of turnkey robotic solutions to American manufacturers, has raised $26.5 million in Series A financing.

Formic Technologies, a provider of turnkey robotic solutions to American manufacturers, has raised $26.5 million in Series A financing. Lux Capital led the round with participation from other backers that include Initialized Capital, Correlation Ventures, Lorimer Ventures and One Planet VC.

Source: Press Release