Latest raise
$50M
Date raised
October 22, 2026
Round
Series B
About Saman Farid
the commercialization platform for physical AI
- Who is Saman Farid?
- Saman Farid is listed as Chief Executive Officer at Formic Technologies, a robotics company founded in 2020.
- How much did Formic Technologies raise?
- Formic Technologies raised $50M in a Series B round on October 22, 2026 (11 days ago). Backed by Mercato Partners.
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