About Foray bioscience
Foray bioscience is a company based in Cambridge (United States) founded in 2022. Foray bioscience has raised $3.41 million across 2 funding rounds from investors including United States Department of Agriculture, ReGen Ventures and Engine Ventures. Foray bioscience operates in a competitive market with competitors including STORA ENSO, Airborne, Trex, Kebony and TimberHP, among others.
- Headquarter Cambridge, United States
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Sectors
Real Estate & ConstructionChemicals & Materials
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$3.41 M (USD)
in 2 rounds
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Latest Funding Round
$3.41 M (USD), Seed
Feb 28, 2024
- Investors
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Employee Count
Not available
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People of Foray bioscience
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Funding Insights of Foray bioscience
Foray bioscience has successfully raised a total of $3.41M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.41 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Foray bioscience
Foray bioscience has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include United States Department of Agriculture, ReGen Ventures and Engine Ventures.
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ReGen Ventures is focused on investing in regenerative technologies.
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Early-stage technology startups are funded by Engine Ventures venture capital.
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Superorganism is recognized as a venture firm focused on biodiversity.
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Investor details for Foray bioscience
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Investments & Acquisitions by Foray bioscience
Investment portfolio details for Foray bioscience
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Financial Statements - Foray bioscience
Detailed financials for Foray bioscience
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Foray Bioscience Comparisons
Peer comparison for Foray bioscience
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Competitors of Foray bioscience
Foray bioscience operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as STORA ENSO, Airborne, Trex, Kebony and TimberHP, among others.
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Developer of advanced building materials
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Airborne is engaged in composite manufacturing and automation solutions.
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Architectural services for decking and outdoor structures are offered.
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Alternative to tropical wood is manufactured from softwood by Kebony.
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Developer of wood fibre insulation for the residential and light commercial construction markets
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Augmented wood-based biocomposites are supplied for lightweight construction.
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Detailed competitors of Foray bioscience
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Latest news on Foray Bioscience
Complete news archive for Foray bioscience
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Frequently Asked Questions about Foray bioscience
Foray bioscience was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Foray bioscience is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Foray bioscience is a funded company, having raised a total of $3.41M across 2 funding rounds to date.
Developer of wood products using biotechnology. The company is involved in developing new biotechnologies to produce wood products without cutting down trees. Using concepts in plant cell culture, materials science, and tissue engineering it claims to create alternatives to tree-sourced goods.
Foray bioscience's top competitors include STORA ENSO, Trex and Airborne.
Foray bioscience has 6 investors. Key investors include United States Department of Agriculture, ReGen Ventures, Engine Ventures, Susquehanna International Group, and Understorey Ventures.