At Forestay, we view Cybersecurity as a core investment pillar. In a world of accelerating AI adoption and ever-evolving threats, safeguarding digital assets is mission-critical — offering both risk mitigation and exceptional growth potential. To better understand the role Cybersecurity plays within large enterprises, we’ve...

Over the past few years, the AI race has been dominated by Big Tech players (OpenAI, Google, Anthropic, Meta) scaling ever-larger language models. Since ChatGPT was launched in 2022, massive capital has flowed into LLMs, and the window for venture-backed challengers in text has largely narrowed....

For decades, the discipline of data security rested on a seemingly stable premise: data lived in known places, moved through known paths, and was accessed by known users. Enterprises protected it by building walls - perimeter firewalls, VPNs, access control lists ....

Data is the core infrastructure of enterprise software. As enterprises adopt AI and data-driven workflows, the systems that collect, process, and govern data have become a primary source of competitive advantage. The “data layer” determines not just how software scales, but how effectively organizations generate...

At Forestay, we view Cybersecurity as a core investment pillar. In a world of accelerating AI adoption and ever-evolving threats, safeguarding digital assets is mission-critical — offering both risk mitigation and exceptional growth potential. To better understand the role Cybersecurity plays within large enterprises, we’ve...

In 1997 a software developer called Eric Raymond first published his essay “The Cathedral and the Bazaar”, sharing his views on open source software development and why it should be done as openly as possible. The “Cathedral model” refers to source code being available with...

As AI becomes embedded across digital systems, it introduces a new class of cybersecurity risk—faster, more scalable, and more autonomous than traditional threats. This deep dive is our second into AI security, building on prior work and focusing on three areas where the attack surface...

Forestay Capital is excited that its Belgium-based portfolio company icometrix, a leader in AI-powered brain imaging analysis, announced an agreement to be acquired by GE HealthCare (Nasdaq: GEHC). The company’s flagship platform, icobrain, offers a comprehensive suite of AI-powered tools for neurological disease analysis...

At Forestay, we view Cybersecurity as a core investment pillar. In a world of accelerating AI adoption and ever-evolving threats, safeguarding digital assets is mission-critical — offering both risk mitigation and exceptional growth potential. To better understand the role Cybersecurity plays within large enterprises...

At Forestay’s recent Customer Success Summit, operators and investors came together to share lessons from the frontlines of post-sales excellence. The conversations reinforced one central theme: Customer Success is a core growth engine. In B2B SaaS, Customer Success (CS) is often underestimated as a revenue...

The adoption of unified data layers has accelerated in recent years, enabling machines on the shop floor to seamlessly exchange information. This increased connectivity generates vast amounts of data, unlocking a wide range of AI-driven applications. Industrial AI agents are now emerging across the manufacturing...

On April 29th, we had the privilege of hosting the second edition of our Enterprise AI Series breakfast sessions, focusing on the rapidly evolving landscape of Engineering Intelligence. This expert-led discussion convened founders, investors, operators and industry leaders, all united by a commitment to shaping the...

In recent years, we’ve begun to see the transformative potential of AI products across a wide range of industries due to the advancements of AI in language and vision. But one crucial modality has largely been left behind: physical action. For decades, progress in robotics...

Enterprise AI is undergoing a profound shift—from isolated use cases focused on productivity to a future defined by intelligent agents, verticalized platforms, and deeply embedded automation. The proliferation of large language models (LLMs) has catalyzed a new generation of enterprise software, moving beyond static chatbots...

The insurance industry is a complex ecosystem that plays a crucial role in our modern economy, offering financial protection and peace of mind to individuals and businesses. To best understand this space, picture a teeming marketplace where risks are bought and sold: On one side, …

Identity and access management (IAM) is a framework of business processes, policies, and technologies that facilitates the management of electronic or digital identities. With an IAM framework in place, IT managers can control user access to critical information within their organizations. 1. Human Identity Protection ...

On Tuesday, 29 October 2024, we hosted the first edition of our Enterprise AI Breakfast Series at our London office. This series of events is aimed at bringing together key members of the tech community to discuss the opportunities and challenges of AI in the...

The office of the CFO is often the most data-driven functions in a business, comprising not only financial data but other performance indicators of the business, leveraged to report, forecast and optimise business operations. It lends itself naturally to software applications and numerous marquee softwares …

Just before the high summer break, Forestay had the pleasure of hosting 14 SaaS finance leaders for an intimate and engaging CFO Summit at our London offices. The event provided an opportunity to absorb insights from our speakers and served as a forum for sharing...

On June 3rd 2024, Neural Concept, an Engineering Intelligence platform that transforms product design for manufacturers with 3D Deep Learning, announced that it has raised $27 million in a Series B funding round. The round was led by Forestay Capital, with the D. E. Shaw group and existing …

Forestay welcomes its 3rd Unicorn in the portfolio with Wasabi Technologies (“Wasabi”)! The company has recently announced its Series D of $125M at $1.1B valuation, entering officially the Unicorns club! It has been an incredible ride since we first invested back in August 2018 as...

Wasabi becomes technology’s newest unicorn with backing from L2 Point, Cedar Pine, Cerberus, Fidelity Management & Research Company, and others.

Last month, we announced our investment in Manta, the leading data lineage platform for enterprise, leading their $35M Series B. In this blog post, we reflect on why we were keen to partner with Manta’s founder and CEO, Tomas Kratky and his exceptional team.

MANTA, the data lineage platform, today announced it has raised $35 million in Series B funding. The round was led by Forestay Capital, with participation from existing investors Bessemer Venture Partners, SAP.io, Senovo, Credo Ventures, Dan Fougere and new investor European Bank for Reconstruction and Development.

Two weeks ago, we announced that we were partnering with Convelio, leading their $35M Series B. The Paris-based, full-stack digital freight-forwarder specialises in shipping high-value goods with complex logistics chains and has a mission of becoming the global leader in its ecosystem.

Scandit has recently announced its $150M Series D at a company valuation in excess of $1B valuation, officially entering the Unicorn club! And it’s a Swiss company, making us even more proud to have been part of this exciting journey since Summer 2020, when we...

The French digital freight forwarding scale-up for the global arts and luxury goods market raises $35m.

Today’s new workforce will expect fast and flexible jobs, at their finger-tips. To fulfil this mission, Zenjob, the digital staffing marketplace that provides temporary work to workers and employees to companies, has raised $50 million in a growth financing round.

Scandit, the global leader in smart data capture in which Forestay first invested in 2020, has today announced the close of a $150m Series D round. The new funding values the company in excess of $1bn.

In 2018, Forestay invested in Switzerland-based BlueBotics, an EPFL (Ecole Polytechnique Federale de Lausanne) spin-off and a global reference in natural navigation for automated guided vehicles and autonomous mobile robots.

Our Lausanne-based portfolio company Kandou has reached another milestone with the announcement of its $75M Series D led by existing and new investors. This latest fundraise brings over $200 million in total backing of the company, a deserved show of confidence in Kandou’s team and...

We recently announced our partnership with Stratio, the world’s leading real-time predictive fleet maintenance platform, leading its $12m Series A investment round and marking our first investment in Portugal

Forestay Capital’s newest investment has seen it lead a $12m Series A round in Stratio, whose exciting proprietary fleet maintenance technology combines large-scale processing with the latest machine learning techniques to prevent hundreds of thousands of vehicle breakdowns from happening every day.

Forestay Capital has added to its portfolio by leading the €12M Series A funding round for Howspace, the AI-powered digital facilitation platform company based in Finland.

Forestay Capital portfolio company Wasabi Technologies, the Boston-based, innovative an disruptive cloud storage company, has today announced the close of a $112 million Series C funding round, valuing the company at $700 million. The financing will be used to continue to grow the business, particularly...

Nexthink, the Swiss tech company that provides unique End-user IT analytics, was Forestay Capital’s first investment, back in 2016. Since that first investment, Forestay has continued to believe in – and back – the company, taking part in a further three financing rounds, investing alongside previous...