Humanoid Global commits to a strategic investment in Formic to boost adoption of automation in manufacturing. This funding aims to support Formic's Robotics-as-a-Service model.
PRIVATEOct 21, 2025
Round Type
Corporate Round
Chicagomachinery
Investors
Humanoid Global Holdings Corp.
Description
Humanoid Global Holdings Corp. has announced a strategic investment in Formic Technologies to enhance autonomous robotics in manufacturing. Formic offers a Robotics-as-a-Service model for smaller manufacturers, facilitating automation with reduced financial risk. This investment aims to address labor shortages and improve manufacturing productivity
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Company Information
Company
Formic Technologies
Location
4212 W Cortez St
Chicago, Illinois, United States
About
Formic is a U.S.-based robotics and automation company founded in 2020. It focuses on making automation accessible for small-to-medium sized manufacturers across America, specializing in end-of-line automation solutions like case packing and palletizing. Formic helps manufacturers enhance capacity, consistency, and reliability while reducing costs and downtime.
The company operates on a Robotics-as-a-Service (RaaS) model, allowing manufacturers to implement robotic automation without upfront costs. Customers pay a fixed monthly rate based on productivity, with Formic ensuring uptime and performance. This model addresses challenges such as high capital expenditure and labor shortages. Formic offers a full-service automation package, including custom-engineered robotic systems, 24/7 bilingual technical support, and proprietary software tools like Formic Production Intelligence for real-time production insights.
Formic's technology is utilized across various manufacturing sectors, enabling efficient and safe automation of packing and palletizing tasks. The company's customer-centric approach emphasizes shared risk and reward, providing ongoing support and guaranteed performance to help manufacturers thrive.
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Chicagomachinery