Diamond Foundry was founded in 2012 by Jeremy Scholz, Kyle Gazay, and Martin Roschelsen. In July 2023 Yahoo Finance Reported that Diamond Foundry was one of the key market players expected to see momentum in the coming years, with the lab-grown diamond market “projected to reach $55.5 billion by 2031”. While growth in the diamond market is projected, Diamond Foundry has not officially endorsed a plan to participate in an IPO.
Diamond Foundry is a reactor technology company that mines and produces diamonds at scale. Per Forge data, Diamond Foundry has raised a total of $350 million in funding over 4 rounds, with their latest funding raised on Mar 29, 2021. Key investors include Caspian VC Partners, PeopleFund, Vast Ventures, and Capricorn Investment Group.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/27/2021 | Series C | $200MM | $xx.xx | $1.86B | Fidelity | |
Price per Share
$xx.xx
Shares Outstanding
8,333,333
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
N/A
Key Investors
Fidelity
|
||||||
10/01/2018 | Series B-4 | $51MM | $xx.xx | $994.59MM | Vast Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,250,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Vast Ventures
|
||||||
11/11/2015 | Series B-3 | $999,996 | $xx.xx | $383.65MM | Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus | |
Price per Share
$xx.xx
Shares Outstanding
250,406
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus
|
||||||
11/11/2015 | Series B-2 | $224,999 | $xx.xx | $383.65MM | Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus | |
Price per Share
$xx.xx
Shares Outstanding
93,902
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus
|
||||||
11/11/2015 | Series B-1 | $6.2MM | $xx.xx | $383.65MM | Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus | |
Price per Share
$xx.xx
Shares Outstanding
3,881,302
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus
|
||||||
11/11/2015 | Series B | $50MM | $xx.xx | $383.65MM | Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus | |
Price per Share
$xx.xx
Shares Outstanding
10,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Caspian VC Partners, Vast Ventures, Fine Day Ventures, Future Tech Lab, Mark Pincus
|
||||||
11/04/2012 | Series AA | $85,000 | $xx.xx | $46.57MM | Obvious Ventures, Future Tech Lab, Vast Ventures, Leonardo DiCaprio | |
Price per Share
$xx.xx
Shares Outstanding
4,250,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Obvious Ventures, Future Tech Lab, Vast Ventures, Leonardo DiCaprio
|
||||||
11/04/2012 | Series A' | $4.35MM | $xx.xx | $46.57MM | Obvious Ventures, Future Tech Lab, Vast Ventures, Leonardo DiCaprio | |
Price per Share
$xx.xx
Shares Outstanding
5,542,947
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Obvious Ventures, Future Tech Lab, Vast Ventures, Leonardo DiCaprio
|
||||||
11/04/2012 | Series A | $2.19MM | $xx.xx | $46.57MM | Obvious Ventures, Future Tech Lab, Vast Ventures, Leonardo DiCaprio | |
Price per Share
$xx.xx
Shares Outstanding
8,929,149
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Obvious Ventures, Future Tech Lab, Vast Ventures, Leonardo DiCaprio
|