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Mercato Partners

Business & Markets · Startups

Formic Raises $50M to Expand From Factory Automation Into General-Purpose Robotics

Insider Brief Formic has raised $50 million in new capital to expand its physical AI platform from task-specific factory automation into general-purpose robotics, building on a fleet the company says has accumulated more than

2 days ago · 3 min read

Trending today

Policy & Government · AI Safety

AI Tools Uncover Two-Decade-Old PHP Flaws as NSA Urges Urgent Patching

Physical AI · Humanoids

Maxinsights Raises $30M Seed Round and Launches Physical AI Data Tools

Business & Markets

Kevel Announces $52M in Funding to Scale AI-Driven Infrastructure for the Future of Commerce Media

Technology & Infrastructure · Applications & agents

1Password Introduces Platform Letting AI Agents Log In Without Seeing User Credentials

Physical AI · Humanoids

Neura Unveils 4NE1 Gen 4 Humanoid as €17M Munich RoboGym Opens

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