FundedIQ
Hardware

Forge Automation: Funding, Investors & Team (Sep 2026)

www.forgejobshop.com/about LinkedIn Toronto, Canada 1-10 employees
Total raised
$500k
Rounds
1
Latest
Pre-Seed
Mar 2025

Forge Automation has raised $500k across 1 funding round on record, the most recent a Pre-Seed of $500k announced in Mar 2025.

That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Forge Automation Company Profile and Key Stats

Total funding raised
$500k
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$500k in Mar 2025
Employees
1-10
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Mar 2025.

Forge Automation Funding Rounds

Date
Round
Amount
Pre-Seed
$500k

Forge Automation Founders and Leadership Team

Name
Role
Contact
Walter Raftus
Founder

No contact details are on record for this team yet.

Forge Automation Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
3,086
$2.2M
5,832
$600K

Forge Automation's latest round of $500k is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Forge Automation in Hardware and Toronto

Companies Similar to Forge Automation

Cheelcare creates mobility aids that merge technology and design to produce a range of assistive devices and…

Undisclosed round $2.1M

Micromem Technologies is a company that employs advanced technology to specialize in utilizing magnetic…

Undisclosed round $170k

Nord Quantique creates quantum processors based on second-generation technology.

Undisclosed round $30.0M

ARA Robotics is a Montreal-based company which develops an innovative, efficient UAV autopilot for industrial…

Undisclosed round $620k

Bonsai Micro operates as a fabless semiconductor company that develops essential network infrastructure for…

Undisclosed round $450k

HaiLa harnesses the signals of WIFI, Zigbee, and Bluetooth to transmit sensor data, making it possible to…

Undisclosed round $730k

Located in the picturesque UK Vancouver, Canada, Photonic is offering scalable, distributed, and resilient…

Undisclosed round $70.0M

Human in Motion Robotics is a robotics company that designs a wearable lower-limb exoskeleton system. Human…

Undisclosed round $2.2M

Quantropi offers quantum secure communications services.

Undisclosed round $1.3M

Sielo Robotics is a robotics company that offers mobility assistive devices.

Seed $240k
Series A $11.8M

Bayes Studio Inc. is specializing in AI-driven solutions for wildfire resilience and environmental…

Undisclosed round $70k

Forge Automation Funding FAQs

How much funding has Forge Automation raised?

Forge Automation has raised $500k across 1 round on record. The most recent is a Pre-Seed of $500k announced in Mar 2025.

When did Forge Automation last raise funding?

Forge Automation's most recent funding round on record is a Pre-Seed of $500k, announced in Mar 2025.

Who founded Forge Automation?

FundedIQ lists Walter Raftus (Founder) at Forge Automation.

Where is Forge Automation headquartered?

Forge Automation is based in Toronto, Ontario, Canada.

How many employees does Forge Automation have?

Forge Automation is in the 1-10 employee band.

How does Forge Automation's funding compare to other Hardware startups?

Forge Automation's latest round of $500k is below the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Forge Automation Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Forge Automation is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.