Startup · $6.6m raised
Sydney, NSW
Every investor coverage indicates participated in a round Forcite raised.
Investors whose own portfolio pages list Forcite, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Stoic Venture Capital | its portfolio page ↗ |
The transaction that ended Forcite's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| GoPro | Acquisition | Jan 2024 | $20m+ | Startup Daily, @AuManufacturing |
Companies Forcite acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Alfred Boyadgis | CEO · Founder | @AuManufacturing, webbikeworld.com, Startup Daily, SmartCompany |
| Julian Chow | Founder | @AuManufacturing, SmartCompany |
Stories naming Forcite. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australia's securities regulator has halted Hirehood's equity crowdfunding campaign on VentureCrowd — its first stop order of this kind — citing nominee share concerns, and recalls CSF backers' heavy losses when GoPro acquired Forcite.
GoPro has agreed to acquire smart helmet maker Forcite Helmet Systems from Australian shareholders including Uniseed, with completion expected in the first quarter of 2024.
Also Startup Daily
Sydney helmet-tech startup Forcite has drawn $1.15 million in its Equitise crowdfunding campaign's final hours, after a $4.6 million Series A preference share round led by Uniseed, valuing the business above $23 million.
Also webbikeworld.com
A roundup of 19 Australian startup funding announcements totalling over $851 million in early February 2022, covering raises by Cyara, Karbon, Slyp, Reejig and others, alongside record 2021 venture investment figures.
Also webbikeworld.com·SmartCompany·SmartCompany·Startup Daily
Roundup covering Wattle Health's distribution growth and asset sale, a Tata Steel-Austmine program launch, Victorian recycling grants, and Forcite's helmet shipment milestone.
Sydney motorcycle helmet technology company Forcite has raised close to a million dollars from Uniseed, an unnamed angel and convertible note holders, ahead of a planned product launch and future Series A.