Companies · Robotics

AstroForge, Inc.Winter 2022Active

HUNTINGTON BEACH · CA, USA; Huntington Beach, CA, USA · Robotics · refined from filed group “Other Technology · founded 2022 · https://www.astroforge.io/

Diligence memoA one-page analyst read on AstroForge, Inc. — recommendation, valuation, rhythm, risks.
$42.5M
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 12%
Sector rank · raised
Series C
Latest stage · inferred · Tue Jul 23 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

AstroForge, Inc. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the robotics sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.94× the median modeled value of Series C Robotics companies in 2022–2024 (5 peers) — value vs value, same stage and era.
  • Within the normal band (94% of peer median) for its niche.
Quiet
  • Last raise 23 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Robotics

AstroForge, Inc. is one of 327 Robotics companies tracked from HUNTINGTON BEACH, CA, USA; Huntington Beach, CA, USA, on record since 2022. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

We Mine Asteroids

AstroForge is an asteroid mining company. Instead of bringing back the entire asteroid, we break it up, refine, and return only what’s valuable.

Hard TechRoboticsSpace ExplorationSatellites
Find AstroForge, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
59
Investors (latest)
2021
Year incorporated
2024-07-23
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries C · 2024-07-23 Raised $41M (real) Modeled valuation $326M (est)$41M$326MSeries C2024Series C · 2024-07-23 Raised $42M (real) Modeled valuation $339M (est)$42M$339MSeries C2024+$42MCumulative $83M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$40.8M · 2024
Series C extension$42.5M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$339.4M
Base estimate est.
$147.9M
Conservative case
$511.3M
Upside case
$283.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the robotics sector profile. Directional, not a quoted figure.

Series C · modeled $326.1M · 2024-07-232024Series C · modeled $339.4M · 2024-07-232024
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
70%
Survival probability
52% low · 81% high
1.32×/yr
Annual markup
1.51×/yr upside case
1.9 yr
Elapsed time used
1.9 yr actual, capped for stale marks
robotics
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
1.9 yr
On record since
2024
First round
2
Rounds on file
How it compares to the market

Benchmarked against 327 companies in Robotics. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 6.8× above median
This company$42.5M
Sector median$6.3M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.0× of median
This company$42.5M
Sector median$43.0M
Modeled value — vs sector median (estimate, all stages) 9.9× above median
This company$339.4M
Sector median$34.4M

Raised more than 89% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 5.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Dusty Robotics, Inc. · Series C Raised $66.9M · modeled $689.0M (est)Nauticus Robotics, Inc. · Series C Raised $62.3M · modeled $455.8M (est)Pickle Robot Co · Series C Raised $72.9M · modeled $360.4M (est)Simbe Robotics, Inc. · Series C Raised $102.7M · modeled $357.7M (est)AstroForge, Inc. (this company) Raised $42.5M · modeled $339.4M (est)AstroForge, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dusty Robotics, Inc.Series C$66.9M$689.0M1.91×
Nauticus Robotics, Inc.Series C$62.3M$455.8M1.26×
Pickle Robot CoSeries C$72.9M$360.4M1.00×
Simbe Robotics, Inc.Series C$102.7M$357.7M0.99×
AstroForge, Inc. this companySeries C$42.5M$339.4M0.94×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$40.8M2024-07-23$272.1M$326.1M90%
Series C$42.5M2024-07-23$283.3M$339.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$40.8M2024-07-23
    • First recorded raise — entered as Series C.
    • 48 investors on this round.
  2. Series C$42.5M2024-07-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 59 investors on this round.
Intelligence
Modeled next raise
$44.2M
Modeled next size est.range $42.5M$70.8M
1.0×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jose Acain2024-07
Justin Hamilton2024-07
Matthew Gialich2024-07
Registry & provenance

AstroForge, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2033635
SEC CIK
2021
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Robotsrise Technology LtdRoboticsSeries C$50.0M$297.1Msame sector · same stage
Diligent Robotics, Inc.RoboticsSeries C$54.8M$71.8Msame sector · same stage
Nauticus Robotics, Inc.RoboticsSeries C$62.3M$455.8Msame sector · same stage
Dusty Robotics, Inc.RoboticsSeries C$66.9M$689.0Msame sector · same stage
Pickle Robot CoRoboticsSeries C$72.9M$360.4Msame sector · same stage
Matic Robots, Inc.RoboticsSeries C$77.3M$466.7Msame sector · same stage
Vecna Robotics, Inc.RoboticsSeries C$88.5M$1.2Bsame sector · same stage
Scythe Robotics, Inc.RoboticsSeries C$93.1M$144.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Astromech AI Corp.AI / MLSeries B$43.8M74%
Planetary Resources, Inc.Other TechnologySeries B$1.1B74%
Asteroid
AI Browser Workforce for Operations Teams
HR / Worktech73%
Universe Exploration CoMining & ResourcesSeries B$133.8M73%
CloudForge Inc.Other TechnologySeed$22.7M72%
SpaceCraft, Inc.Space / AerospaceSeed$32.7M72%
ASTROTECH CorpOther TechnologySeed$68.1M71%
Agile Space Industries Inc.Manufacturing / IndustrialSeries B$91.2M71%
Frequently asked
How much funding has AstroForge, Inc. raised?
AstroForge, Inc. has raised approximately $42.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is AstroForge, Inc.'s estimated valuation?
Provath's modeled valuation for AstroForge, Inc. is approximately $339.4M (modeled range $147.9M–$511.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is AstroForge, Inc. at?
AstroForge, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Jul 23.
What does AstroForge, Inc. do and where is it based?
AstroForge, Inc. operates in the Robotics sector, based in HUNTINGTON BEACH, CA, USA; Huntington Beach, CA, USA. We Mine Asteroids
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