Forge Biologics

Columbus, United States Founded: 2020 • Age: 6 yrs Acquired By Ajinomoto
Gene therapies for rare diseases are developed to treat patients.
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About Forge Biologics

Forge Biologics is a company based in Columbus (United States) founded in 2020 by Jaysson Eicholtz and Timothy Miller was acquired by Ajinomoto in November 2023.. Forge Biologics has raised $250 million across 4 funding rounds from investors including Ajinomoto, Marshall Wace and Citadel. Forge Biologics offers products and services including AAV Manufacturing Solutions, Plasmid DNA, and FUEL Platform. Forge Biologics operates in a competitive market with competitors including Moderna, BridgeBio, Spark Therapeutics, Alnylam and ATAI, among others.

  • Headquarter Columbus, United States
  • Founders Jaysson Eicholtz, Timothy Miller
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $250 M (USD)

    in 4 rounds

  • Latest Funding Round
    $90 M (USD), Series C

    Sep 12, 2022

  • Investors
    Ajinomoto

    & 9 more

  • Employee Count
    Employee Count
  • Acquired by
    Ajinomoto

    (Nov 13, 2023)

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Products & Services of Forge Biologics

Forge Biologics offers a comprehensive portfolio of products and services, including AAV Manufacturing Solutions, Plasmid DNA, and FUEL Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides end-to-end manufacturing for AAV therapies in development stages.

Offers plasmid DNA for gene therapy applications and research.

Supports gene therapy programs with integrated manufacturing tools.

People of Forge Biologics
Headcount 10-50
Employee Profiles 127
Board Members and Advisors 8
Employee Profiles
People
Julia Selich-Anderson
Scientist I
People
Meet Patel
Associate Director, Ms&t
People
Clifal Aquino
Associate Director, Ms&t Process Engineering
People
Aga Gascoyne
Director, GMP Manufacturing

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Board Members and Advisors
people
Molly Bonakdarpour
Board Member
people
Chris Garabedian
Board Member
people
Steven J. Gray
Advisor
people
Karen Kozarsky
Advisor

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Funding Insights of Forge Biologics

Forge Biologics has successfully raised a total of $250M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $90 million completed in September 2022. 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 Rounds 4
  • Last Round Series C — $90.0M
  • First Round

    (21 Jul 2020)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series C - Forge Biologics Valuation Drive Capital , Aisling Capital
Jan, 2022 Amount Debt – Conventional - Forge Biologics Valuation

investors

Apr, 2021 Amount Series B - Forge Biologics Valuation RA Capital Management
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Forge Biologics

Forge Biologics has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Ajinomoto, Marshall Wace and Citadel. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on pre-seed and seed stage investments
Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location
Private debt funds are managed across multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Forge Biologics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Forge Biologics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Forge Biologics Comparisons

Employees
+
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Competitors of Forge Biologics

Forge Biologics 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 Moderna, BridgeBio, Spark Therapeutics, Alnylam and ATAI, 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
domain founded_year HQ Location
mRNA-based therapeutics for diseases including cancer and infections are developed.
domain founded_year HQ Location
Therapeutics for genetic diseases are developed through targeted interventions.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
domain founded_year HQ Location
RNA interference-based therapeutics are developed for multiple disorders.
domain founded_year HQ Location
A biopharmaceutical company accelerating innovative mental health treatments.
domain founded_year HQ Location
An AI-enabled platform is developed for infectious disease treatment.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Forge Biologics

When was Forge Biologics founded?

Forge Biologics was founded in 2020.

Where is Forge Biologics located?

Forge Biologics is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.

Who is the current CEO of Forge Biologics?

Timothy Miller is the current CEO of Forge Biologics. They have also founded this company.

Is Forge Biologics a funded company?

Forge Biologics is a funded company, having raised a total of $250M across 4 funding rounds to date. The company's 1st funding round was a Series B of $120M, raised on Jul 21, 2020.

What does Forge Biologics do?

Forge Biologics was founded in 2020 and is headquartered in Columbus, United States. Gene therapeutic solutions are developed by the company within the biotechnology sector, targeting rare and monogenic diseases as well as certain cancers. Specific products include FBX-101, which addresses infantile Krabbe disease; FBX-201, aimed at rare monogenic conditions; and FBX-301, focused on rare diseases and oncology applications. Operations emphasize the advancement of these therapies for clinical use.

Who are the top competitors of Forge Biologics?

Forge Biologics's top competitors include Moderna, Spark Therapeutics and BridgeBio.

What products or services does Forge Biologics offer?

Forge Biologics offers AAV Manufacturing Solutions, Plasmid DNA, and FUEL Platform.

Who are Forge Biologics's investors?

Forge Biologics has 10 investors. Key investors include Ajinomoto, Marshall Wace, Citadel, RA Capital, and MidCap Financial.

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