Formation Robotics

Pittsburgh, United States Founded: 2018 • Age: 8 yrs Acquired By Formant
Provider of cloud-based robotic solutions
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About Formation Robotics

Formation Robotics is a company based in Pittsburgh (United States) founded in 2018 was acquired by Formant in August 2019.. Formation Robotics operates in a competitive market with competitors including Foxglove, Model-Prime, Roboto, Woeden and SensorSurf, among others.

  • Headquarter Pittsburgh, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Formant

    (Aug 05, 2019)

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Funding Insights of Formation Robotics

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Formation Robotics

Formation Robotics has secured backing from 1 investor. Prominent investors backing the company include Formant. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Cloud-based solutions for robot fleet control and monitoring are offered.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Formation Robotics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Formation Robotics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Formation Robotics Comparisons

Employees
+
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Competitors of Formation Robotics

Formation Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Foxglove, Model-Prime, Roboto, Woeden and SensorSurf, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Visualization and debugging solutions for robotics are provided.
domain founded_year HQ Location
Cloud-based robot data visualization platform is provided.
domain founded_year HQ Location
AI-based robotic software is developed for multi-modal sensor data processing.
domain founded_year HQ Location
Provider of cloud-based robotic data visualization platform
domain founded_year HQ Location
Delivers advanced data visualization solutions tailored for robots.
domain founded_year HQ Location
Cloud-based AI solutions for digital asset management are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Formation Robotics

Frequently Asked Questions about Formation Robotics

When was Formation Robotics founded?

Formation Robotics was founded in 2018.

Where is Formation Robotics located?

Formation Robotics is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Who is the current CEO of Formation Robotics?

Jeff Linnell is the current CEO of Formation Robotics.

What does Formation Robotics do?

Formation Robotics was established in 2018 in Pittsburgh, United States. Operations center on the robotics sector, where cloud-based solutions are delivered to support data management. A platform is made available for users to deploy, scale, and oversee robotic fleets. Services are tailored to enhance efficiency in fleet operations across various applications, with a focus on technological integration in the United States market.

Who are the top competitors of Formation Robotics?

Formation Robotics's top competitors include Foxglove, Model-Prime and Roboto.

Who are Formation Robotics's investors?

Formation Robotics has 1 investor. Key investors include Formant.

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