Aformic raises $6.95M seed to expand factory robots into defense plants
CEO Michal Fiuk, a West Point graduate, leads the AIUT spinout as it uses its first institutional round to push factory robots deeper into defense.
By RuntimeWire Staff · Published
Primary source: PR Newswire Business Technology
Why it matters
Aformic's seed matters because the company claims revenue, purchase orders and hundreds of robots in production before taking institutional money. Veteran Ventures Capital is betting that commercial factory traction can carry Aformic into Army depots and defense plants that need more output from existing facilities.
Aformic, a robotics company that builds autonomous mobile robots for factories and warehouses, raised a $6.95 million seed round led by Veteran Ventures Capital, according to the PR Newswire release published on November 4th.…
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