Saman Farid – CEO of Formic

December 21, 2025

Saman Farid is the founder and CEO of Formic, a company based in the San Francisco Bay area that provides robotics to enhance the productivity and capacity of factories across the United States. Before founding Formic, he managed the global investment fund for Baidu Ventures, concentrating on AI, machine learning, and their impacts on work and daily life. He also established Comet Labs, an investment fund and incubator focused on AI. Earlier in his career, he built and sold two technology companies—an e-commerce business and an IP television infrastructure company—worked on technology infrastructure projects in alternative energy, and held brief roles at Verizon, Microsoft, and Honeywell.

Additional Links:
https://formic.co
https://medium.com/@samanfarid
https://x.com/samanfarid
https://medium.com/baidu-ventures-blog
http://saman.co/2020/06/10/Investments.html

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