# US industrial robotics and automation funding

> Developing situation record from CLSTR: https://clstr.news/situations/us-industrial-robotics-and-automation-funding
> Updated: 2026-10-28T18:31:39.000Z. Sources: 6. Developments: 2.

Recent developments in the US industrial robotics sector show significant capital inflows for companies utilizing service-based automation models. 

In late October 2026, Chicago-based Formic secured $50 million in Series B equity and debt funding to expand its ‘robot-as-a-service’ model. The company intends to use the capital to move from task-specific automation toward general-purpose robotics and enhanced AI capabilities. 

Shortly thereafter, Foundry Robotics secured $100 million in an oversubscribed Series A funding round led by Marlinspike Partners. The round included participation from Khosla Ventures, Red Glass Ventures, SE Ventures, Wing VC, Axiom Ventures, and existing investors Hanabi and Zero Shot Fund. 

Foundry Robotics plans to use the capital to develop a 130,000-square-foot facility in Emeryville, California, representing a twentyfold increase in its manufacturing footprint. Operating under a manufacturing-as-a-service model, the company utilizes AI-powered robotic cells and its proprietary FoundryOS to provide flexible assembly capacity for complex electro-mechanical products. Targeted applications include drones, autonomous vehicle subassemblies, satellites, telecommunications gear, and wire harnesses. The company aims to provide domestic assembly capacity for the defense and industrial sectors to address bottlenecks in traditional manufacturing where assembly lines are often rigid and slow to reconfigure.

## Timeline

### 2026-10-28: Foundry Robotics raises $100 million for AI-driven manufacturing

Foundry Robotics raised $100 million in Series A funding to build a 130,000-square-foot autonomous factory in Emeryville, California, focusing on AI-driven assembly for defense and industrial sectors.

3 sources. https://clstr.news/cluster/foundry-robotics-raises-100-million-for-autonomous-manufacturing-expansion

### 2026-10-26: Formic raises $50 million to expand robotics-as-a-service model

Robotics startup Formic raised $50 million to scale its subscription-based manufacturing automation service, which provides hardware, software, and maintenance for a flat monthly fee.

4 sources. https://clstr.news/cluster/formic-raises-50-million-to-expand-robotics-as-a-service-model

---
Cite as: US industrial robotics and automation funding. CLSTR, https://clstr.news/situations/us-industrial-robotics-and-automation-funding