About Forcit
Forcit is a company based in Hanko (Finland) founded in 1893. Forcit has completed 1 acquisition, including O-Pitblast. Forcit offers products and services including Explosives and Consulting.
- Headquarter Hanko, Finland
- SectorsNatural Resources
- Website forcitgroup.com
- Legal Name Oy Forcit Ab
- InvestorsEuropean Union
& 1 more
- Investments & Acquisitions
Products & Services of Forcit
Forcit offers a comprehensive portfolio of products and services, including Explosives and Consulting.
Civil explosives and blasting services are provided for demanding operations, including charging and related know-how.
Environmental impact management services are offered as part of operations focused on sustainability and related expertise.
Funding Insights of Forcit
- Total Rounds 2
- First Round $1.15M
(Dec 2022)
- Investors Count 2
All 2 funding rounds of Forcit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | – | Seed | – | – | |
| Dec 2022 | $1.15M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Forcit
Forcit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Tesi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | tesi.fi | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Forcit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Forcit
Forcit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include O-Pitblast.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Real-time rock blasting software for mining operations is provided online. | o-pitblast.com | Porto, Portugal | 2016 | May 2021 | •••• |
Complete acquisition details for Forcit
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Forcit
4 dated milestones of Forcit across 133 years, from founding to its latest funding, stage changes and deals.
- Founded Forcit is founded.
- Acquisition Acquires O-Pitblast.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Seed,.
Web traffic of Forcit
The website of Forcit (forcitgroup.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 24.4% vs previous month
Similar companies to Forcit
10 companies that operate in the same segment as Forcit (Services for Mining Industry), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Onshore drilling services are provided using programmable multidirectional rigs. | 2011 | Leesburg, Virginia, United States | USD 153 M | USD 210.11 M | 600 | |
Drilling management solutions are provided for the mining sector. | 1933 | Brisbane, Queensland, Australia | – | – | – | |
Mining and infrastructure projects are developed via real estate. | 1902 | Johannesburg, Gauteng, South Africa | – | – | – | |
Oil and gas drilling services are provided worldwide. | 1920 | Tulsa, Oklahoma, United States | – | USD 3.75 B | 7,000 | |
Civil, property construction, quarry, and machinery rental services are provided. | 1977 | Petaling Jaya, Selangor, Malaysia | – | USD 27.77 M | 114 | |
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | – | USD 67.25 M | 2,310 | |
Development and exploration company focused on producing coal | 2006 | Gurugram, Haryana, India | – | USD 25.9 M | 574 | |
Drilling services are supplied to mining and mineral exploration sectors. | 1995 | Moncton, New Brunswick, Canada | – | USD 650.49 M | – | |
Provides mineral processing and waste treatment services for the mining and reclamation industries | 2018 | Casper, Wyoming, United States | USD 84.5 M | – | – | |
Mineral deposits are explored and mined by BRM in Indonesia. | 2003 | Jakarta, Jakarta, Indonesia | – | USD 245.28 M | 834 |
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Frequently Asked Questions about Forcit
Forcit was founded in 1893 and raised its 1st funding round 129 years after it was founded.
Forcit is headquartered in Hanko, Finland. It is registered at Hanko, Uusimaa, Finland.
Forcit Group was established in 1893 in Hanko, Finland, within the defense sector. Advanced directed fragmentation charge systems are developed and produced for military applications. A history tracing back to the 19th century positions the company as a pioneer in insensitive munitions. Operations focus on supplying these systems internationally, with emphasis on blasting and excavation technologies adapted for defense needs.
Forcit offers Explosives and Consulting.
Forcit has made 1 acquisition, including O-Pitblast.
Forcit has 2 investors. Key investors include European Union, and Tesi.
Forcit operates through Oy Forcit Ab.