Foresights

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. Among … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

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 … Continued

Forestay Capital is very pleased to announce the appointment of Cyrus Jilla to its Advisory Board. Mr. Jilla joins bringing with him invaluable experience and a track record in assessing strategic investment opportunities and in building and growing investment platforms. Cyrus is a Partner at … Continued