# Forge Biologics funding: rounds and investors

> Forge Biologics has raised $90M across 1 round since 2022. Investors include RA Capital Management, Perceptive Advisors and Drive Capital.

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

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

# Who invested in *Forge Biologics*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$90M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series C, $90M Sept 2022
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2022** Series C **$90M** [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Drive Capital](https://millionrounds.com/fund/drive-capital) Source recorded

## Everyone who backed them

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round

[Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Forge Biologics 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.

[Aisling Capital](https://millionrounds.com/fund/aisling-capital) Private equity Per its own site

[Xontogeny](https://millionrounds.com/fund/xontogeny) Accelerator Per its own site

## Quick answers about Forge Biologics

### Who invested in Forge Biologics?

Forge Biologics's investors include RA Capital Management, Perceptive Advisors and Drive Capital.

### How much has Forge Biologics raised?

Forge Biologics has raised $90M across 1 round since 2022.

### When did Forge Biologics last raise?

Forge Biologics's most recent round was a Series C of $90M in Sept 2022.

### What was Forge Biologics's biggest round?

Its most recent round, $90M in Sept 2022, is also its largest on record.

### Who backed Forge Biologics first?

Forge Biologics's first round on record, in Sept 2022, was backed by RA Capital Management, Perceptive Advisors and Drive Capital.

### What stage is Forge Biologics at?

Forge Biologics's latest named round is a Series C, in Sept 2022.

### Where is Forge Biologics based?

Forge Biologics is based in the United States.

## Companies like Forge Biologics

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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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