# Forge Minerals funding: rounds and investors > Forge Minerals has raised $1.6M across 2 rounds since 2025. Investors include Scottish Enterprise, Sustainable Ventures and Old College Capital Lp. Source: https://millionrounds.com/company/forge-minerals (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Pre-seed startup](https://millionrounds.com/companies) # Who invested in *Forge Minerals* 2 rounds we have observed, with the 3 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. Climate Tech Raised 10 months ago Funding summary Updated 26 Oct 2026 **$1.6M** raised across 2 rounds since 2025, from 2 sources **$195K** Round **$1.4M** Pre-seed - **Latest round:** Pre-seed, $1.4M Jan 2026 - **Step-up i:** 7.2× - **Investors:** 3 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. 2026 **$195K** Round **$1.4M** Pre-seed - **First round:** Round, $195K - **Biggest round:** $1.4M - **Between rounds:** 9 months ## The rounds - **Jan 2026** Pre-seed **$1.4M** *3 new* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) Source recorded - **Apr 2025** Round **$195K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Forge Minerals filed 2 raises, $1.3M in all. Filings say how much was sold and to how many investors; they never name the investors. - Jan 2026 **$1.1M** UK share allotment - Apr 2025 **$195K** UK share allotment ## 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. **Round** 2025 **Pre-seed** 2026 [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) ## Everyone who backed them [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) VC firm **1** round [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forge-minerals). ## Also claim to have backed them This firm lists Forge Minerals as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [oneplanet.capital](https://millionrounds.com/fund/oneplanet-capital) VC firm Per its own site ## Quick answers about Forge Minerals ### Who invested in Forge Minerals? Forge Minerals's investors include Scottish Enterprise, Sustainable Ventures and Old College Capital Lp. ### How much has Forge Minerals raised? Forge Minerals has raised $1.6M across 2 rounds since 2025. ### When did Forge Minerals last raise? Forge Minerals's most recent round was a Pre-seed of $1.4M in Jan 2026. ### What was Forge Minerals's biggest round? Its most recent round, $1.4M in Jan 2026, is also its largest on record. ### Who backed Forge Minerals first? Forge Minerals's first round on record, in Jan 2026, was backed by Scottish Enterprise, Sustainable Ventures and Old College Capital Lp. ### What stage is Forge Minerals at? Forge Minerals's latest named round is a Pre-seed, in Jan 2026. ### Where is Forge Minerals based? Forge Minerals is based in the United Kingdom. ## Companies like Forge Minerals In the same sector, and raised in the last eighteen months. [**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**Isometric** $50M · Sept 2026](https://millionrounds.com/company/isometric)[**Breathe Battery Technologies** $132M · Aug 2026](https://millionrounds.com/company/breathe-battery-technologies)[**BE Design** Aug 2026](https://millionrounds.com/company/be-design)[**Oshen** $5.0M · Aug 2026](https://millionrounds.com/company/oshen) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app