# Forest Devices funding: rounds and investors

> Forest Devices has raised $2.3M across 2 rounds since 2018. Investors include National Science Foundation, Innovation Works and Dorm Room Fund.

Source: https://millionrounds.com/company/forest-devices (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Forest Devices*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$2.3M** raised across 2 rounds since 2018, from 2 sources

- **Latest round:** Venture Sept 2024
- **Biggest round:** $2.3M Seed · Jan 2018
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022 2023 2024

**$2.3M** Seed

**?** Venture

- **First round:** Seed, $2.3M
- **Biggest round:** $2.3M
- **Between rounds:** 6.7 years

## The rounds

- **Sept 2024** Venture **Amount undisclosed** *4 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Innovation Works](https://millionrounds.com/fund/innovation-works) [Dorm Room Fund](https://millionrounds.com/fund/dorm-room-fund) [Monozukuri Ventures](https://millionrounds.com/fund/monozukuri-ventures) Source recorded
- **Jan 2018** Seed **$2.3M** *1 new* GOOSE angels/ IW Reported by Forestdevices SEC filing: $1.3M sold, first sale Oct 2017

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2018 **Venture** 2024 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Innovation Works](https://millionrounds.com/fund/innovation-works) [Dorm Room Fund](https://millionrounds.com/fund/dorm-room-fund) [Monozukuri Ventures](https://millionrounds.com/fund/monozukuri-ventures) GOOSE angels/ IW

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Innovation Works](https://millionrounds.com/fund/innovation-works) Government **1** round

[Dorm Room Fund](https://millionrounds.com/fund/dorm-room-fund) VC firm **1** round

[Monozukuri Ventures](https://millionrounds.com/fund/monozukuri-ventures) VC firm **1** round

GOOSE angels/ IW no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forest-devices).

## Also claim to have backed them

These 3 firms list Forest Devices as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Liebenthal Ventures](https://millionrounds.com/fund/liebenthal-ventures) Angel network Per its own site

[Launch KC](https://millionrounds.com/fund/launch-kc) Investment firm Per its own site

[Medingenii Capital](https://millionrounds.com/fund/medingenii-capital) VC firm Per its own site

## Quick answers about Forest Devices

### Who invested in Forest Devices?

Forest Devices's investors include National Science Foundation, Innovation Works, Dorm Room Fund, Monozukuri Ventures and GOOSE angels/ IW.

### How much has Forest Devices raised?

Forest Devices has raised $2.3M across 2 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Forest Devices last raise?

Forest Devices's most recent round was a Venture in Sept 2024.

### What was Forest Devices's biggest round?

Forest Devices's largest round on record is $2.3M (Seed), in Jan 2018.

### Who backed Forest Devices first?

Forest Devices's first round on record, in Jan 2018, was backed by GOOSE angels/ IW.

### What stage is Forest Devices at?

Forest Devices's latest named round is a Venture, in Sept 2024.

### Where is Forest Devices based?

Forest Devices is based in the United States.

## Companies like Forest Devices

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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