Tech Company Financing Transactions
Forge Industries Funding Round
Forge Industries, based in Belmar, secured $3.9 million from 8090 Industries, Next Phase Capital and private investors.
Transaction Overview
Company Name
Announced On
7/7/2026
Transaction Type
Venture Equity
Amount
$3,850,000
Round
Undisclosed
Investors
8090 Industries (Lead Investor)
Next Phase Capital (Lead Investor)
Proceeds Purpose
The funding will support the development of Forge's first U.S. biofuel facility outside of Las Vegas this year.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
1817 Greenwood Terrace
Belmar, NJ 07719
USA
Belmar, NJ 07719
USA
Phone
Undisclosed
Website
Email Address
Overview
Forge integrates a next-generation technology system that meets heavy industry where it stands, evolving waste feedstock into scalable, high-performance fuels that outperform coal in every way. Forge Industries is a climate-tech company that takes trash--especially plastics and other hard-to-recycle waste--and turns it into a high-performance industrial fuel that can directly replace coal in heavy industries like cement, steel, lime, and power generation, with no need for factories to change their existing equipment. The result is lower costs for industry, major reductions in emissions, and a scalable way to convert a global waste problem into durable, abundant energy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chelsea Boyle
Browse more venture capital transactions:
Prev: 7/7/2026: Norm Ai venture capital transaction
Next: 7/7/2026: Healome Therapeutics venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs