April Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 02/20/2024 | Series D | $657.9MM | $xx.xx | $1.62B | Agave Partners, Alliance Resource Partners, Alumni Ventures, At One Ventures, Bhp Ventures, Clearvision Ventures, Decarbonization Partners, Fifth Wall, Hitachi Ventures, Irongrey, Just Climate, Mirae Asset, Pulse - Cma Cgm Energy Fund, Qatar Investment Authority, Temasek, Tenaska | |
|
Price per Share
$xx.xx
Shares Outstanding
61,778,604
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Agave Partners, Alliance Resource Partners, Alumni Ventures, At One Ventures, Bhp Ventures, Clearvision Ventures, Decarbonization Partners, Fifth Wall, Hitachi Ventures, Irongrey, Just Climate, Mirae Asset, Pulse - Cma Cgm Energy Fund, Qatar Investment Authority, Temasek, Tenaska
|
||||||
| 10/26/2022 | Series C-2 | $60MM | $xx.xx | $725.52MM | At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture | |
|
Price per Share
$xx.xx
Shares Outstanding
6,446,731
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture
|
||||||
| 10/26/2022 | Series C-1 | $150MM | $xx.xx | $725.52MM | At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture | |
|
Price per Share
$xx.xx
Shares Outstanding
24,175,240
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture
|
||||||
| 09/21/2021 | Series C-1SHDW | $32.11MM | $xx.xx | $121.54MM | At One Ventures, Doral Energy, Hitachi Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
12,732,091
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy, Hitachi Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Ventures
|
||||||
| 04/12/2021 | Series B | $22.62MM | $xx.xx | $55.16MM | At One Ventures, Doral Energy-Tech Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Venture | |
|
Price per Share
$xx.xx
Shares Outstanding
13,541,003
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy-Tech Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Venture
|
||||||
| 03/15/2020 | Series A | $1.56MM | $xx.xx | $5.2MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
2,970,950
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
Electric-vehicle battery startups Redwood Materials, Ascend Elements, and NanoGraf are taking bold steps to advance their business prospects. In the case of Ascend and NanoGraf, their efforts are being backed by federal funding towards more battery technology that will satisfy the potential increase in demand for electric cars in the future.
In the past year, billions of dollars of venture capital poured into two cutting-edge generative AI companies, OpenAI and Anthrophic.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Boston Metal | -- | -- | $xx.xx | Series C-2 | $779.04MM | $xx.xx | $20MM |
 | Diamond Foundry | $47.50 | +5.70% | $xx.xx | Series C | $1.86B | $xx.xx | $200MM |
 | Forge Nano | -- | -- | $xx.xx | Series D-1 | $903.63MM | $xx.xx | $100.08MM |
 | Halo Industries | -- | -- | $xx.xx | Series B-2 | $301.79MM | $xx.xx | $40MM |
 | Manus Bio | -- | -- | $xx.xx | Series C | $236.16MM | $xx.xx | $151.11MM |
 | MycoWorks | -- | -- | $xx.xx | Series D-1 | $436.23MM | $xx.xx | $190.13MM |
 | NFW | -- | -- | $xx.xx | Series B-6 | $280.09MM | $xx.xx | $23.58MM |
 | OCSiAl | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Prologium | -- | -- | $xx.xx | -- | -- | -- | -- |
 | USA Rare Earth | $1.40 | -6.67% | $xx.xx | -- | -- | -- | -- |
Updated on: Feb 13, 2025
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.