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Funding Round

Series A - Formant

Series A - Formant

Investment Firm

Overview

Formant is a monitoring and operations software that connects people, processes, sensors, and robots through a robotic approach platform.

Announced Date

Oct 11, 2023

Closed on Date

Oct 11, 2023

Funding Type

Series A

Highlights

Location

United States, North America

Social

Investor Lead

BMW i Ventures

BMW i Ventures

BMW i Ventures is a debt and early_stage_venture and late_stage_venture and seed and venture firm.

Participant Investors

10

Investor Name
Participant InvestorIntel Capital
Participant InvestorSignalFire
Participant InvestorHillsven Capital
Participant InvestorPelion Venture Partners
Participant InvestorEricsson

Round Details and Background

Formant raised $21000000 on 2023-10-11 in Series A

Formant is a monitoring and operations software that connects people, processes, sensors, and robots through a robotic approach platform.

Company Funding History

3

Announcment DateTransaction NameNumber Of InvestorsLead InvestorMoney Raised
Dec 18, 2018
Seed Round - Formant
1-6.0M
Jan 05, 2022
Series A - Formant
9-18.0M
Oct 11, 2023
Series A - Formant
11-21.0M

Recent Activity

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