Forward Industries Raises $1.65B in Private Placement

Forward Industries has successfully raised $1.65B in a Private Placement led by Galaxy Digital, Jump Crypto, Multicoin Capital.

Company Overview

Forward Industries is a Crypto/Web3 company headquartered in Pompano Beach, FL, founded in 1961 with 100+ employees.

Manufacturing company pivoting to Solana treasury strategy, acquiring 6.8M SOL tokens

Fundraising Details

Amount Raised: $1.65B
Round Type: Private Placement
Date: 2025-09-10
Investors: Galaxy Digital, Jump Crypto, Multicoin Capital

About Forward Industries

Manufacturing company pivoting to Solana treasury strategy, acquiring 6.8M SOL tokens The company is positioned in the Crypto/Web3 sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Pompano Beach, FL
Founded: 1961
Team Size: 100+
Industry: Crypto/Web3

What This Means

This funding round demonstrates strong investor confidence in Forward Industries's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Crypto/Web3 sector continues to attract significant investment as companies innovate to meet evolving market demands. Forward Industries's successful fundraising reflects the strong fundamentals and growth potential in this space.

Looking Ahead

With this new capital, Forward Industries is well-positioned to execute on its growth strategy and continue building innovative solutions in the Crypto/Web3 space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-09-10. For more information about Forward Industries, visit their headquarters at Pompano Beach, FL.