Forsway: Funding, Investors & Team (Sep 2026)
Forsway's visionary team has developed a highly cost-effective hybrid approach to extending satellite broadband services to regions with limited infrastructure or capacity. Our pioneering solutions and equipment enable service operators to easily roll-out satellite broadband services, boosting connectivity for markets lacking reliable service, by combining the benefits of satellite and existing terrestrial networks. We deliver low-cost solutions that provide operators with new revenue streams in untapped markets and boost connectivity in underserved regions- smart connectivity for bridging the digital divide.
Forsway has raised $2.4M across 1 funding round on record, the most recent an undisclosed round of $2.4M announced in Nov 2024.
That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.
Forsway Company Profile and Key Stats
Latest funding round on record: Nov 2024.
Forsway Funding Rounds
Forsway Founders and Leadership Team
Contact details for the Forsway team: 1 of 1 has an email address on file.
Start 14-day free trial →Forsway Funding Compared to Other Hardware Startups
Forsway's latest round of $2.4M is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.
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Forsway Funding FAQs
What does Forsway do?
Forsway's visionary team has developed a highly cost-effective hybrid approach to extending satellite broadband services to regions with limited infrastructure or capacity. Our pioneering solutions and equipment enable service operators to easily roll-out satellite broadband services, boosting connectivity for markets lacking reliable service, by combining the benefits of satellite and existing terrestrial networks. We deliver low-cost solutions that provide operators with new revenue streams in untapped markets and boost connectivity in underserved regions- smart connectivity for bridging the digital divide.
How much funding has Forsway raised?
Forsway has raised $2.4M across 1 round on record. The most recent is an undisclosed round of $2.4M announced in Nov 2024.
When did Forsway last raise funding?
Forsway's most recent funding round on record is an undisclosed round of $2.4M, announced in Nov 2024.
Who founded Forsway?
FundedIQ lists Tobias Forsell (Founder) at Forsway.
Where is Forsway headquartered?
Forsway is based in Kista, Stockholms Lan, Sweden.
How many employees does Forsway have?
Forsway is in the 11-50 employee band.
How does Forsway's funding compare to other Hardware startups?
Forsway's latest round of $2.4M 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 Forsway 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 Forsway is left off this page rather than filled in.
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