As of 23 Oct 2026, Formic has raised $50M across 1 verified round on record; latest: $50 million Series B led by Mercato Partners, announced 22 Oct 2026.
The commercialization platform for physical AI
formic.coBolingbrook, IllinoisRobotics
6 sources
The announced $50 million covers the financing alongside debt financing; the sources do not separately state the Series B amount. S2G Investments is identified as the debt provider, not an equity-round investor.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series B | $50M $50M financing total | 2026-10-22 | Mercato Partners | 4 outlets. #87 in Trending |
6 sources [ VERIFIED ] read against 4 of 6 sources The announced $50 million covers the financing alongside debt financing; the sources do not separately state the Series B amount. S2G Investments is identified as the debt provider, not an equity-round investor. [ BUILT WITH ]·[ SEARCH ]found on a watched publisher·[ SCRAPE ]6 pages read: businesswire.com, venturebeat.com, axios.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 4 of 6 sources·[ BRANDING ]logo and colour from the homepage | ||||