Formic

Formic is a rapidly growing startup that focuses on simplifying the deployment of robotic automation in industries facing labor shortages, such as food and beverage, advanced manufacturing, and consumer packaged goods. The company develops customized robots designed to enhance operational efficiency and productivity for manufacturers. By offering flexible automation solutions, Formic allows clients to pay for productivity based on their usage, minimizing financial risk associated with traditional automation investments. Through a combination of technology, financing, and operational support, Formic aims to provide manufacturers with easy access to scalable automation solutions, ultimately increasing their output and capacity in a competitive market.