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Alumni Ventures

TX-based Modicus Prime, AI software automating image analysis to accelerate process development and reduce commercial production costs has raised $3.5 Million Seed Funding led by Silverton Partners with additional backing from Alumni Ventures and other leading venture firms.

[Funding News] Modicus Prime Raises $3.5 Million Seed Funding led by...

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Formic, a provider of Robots-as-a-Service (RaaS) automation for U.S. manufacturers, announced it has raised another $27.4 million in Series A financing led by Blackhorn Ventures with participation from Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and Lorimer Ventures. This new funding brings the total Series A round to more than $52 million since January 2022.

[Funding News] Formic Raises $27.4 Mn to Bring Automation to More...

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