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
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $3.4M
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First Round
First Round
(01 Jul 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - Foray bioscience | Valuation | ReGen Ventures | |
| Jul, 2023 | Amount | Grant - Foray bioscience | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Foray bioscience
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Foray bioscience
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foray Bioscience Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of advanced building materials
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Airborne is engaged in composite manufacturing and automation solutions.
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| domain | founded_year | HQ Location |
Architectural services for decking and outdoor structures are offered.
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| domain | founded_year | HQ Location |
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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Foray Bioscience
Frequently Asked Questions about Foray bioscience
When was Foray bioscience founded?
Foray bioscience was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Foray bioscience located?
Foray bioscience is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Foray bioscience a funded company?
Foray bioscience is a funded company, having raised a total of $3.41M across 2 funding rounds to date. The company's 1st funding round was a Grant of $179.97K, raised on Jul 01, 2023.
What does Foray bioscience do?
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.
Who are the top competitors of Foray bioscience?
Foray bioscience's top competitors include STORA ENSO, Trex and Airborne.
Who are Foray bioscience's investors?
Foray bioscience has 6 investors. Key investors include United States Department of Agriculture, ReGen Ventures, Engine Ventures, Susquehanna International Group, and Understorey Ventures.