Diligence memo · auto-generated · as of July 2, 2026
Foundry Lab, Inc.
Foundry Lab, Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Foundry Lab, Inc. operates in Manufacturing, based in Petone, Wellington.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Foundry Lab, Inc. has raised $18M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $9.7M on 2025-07-04.
Most recent recorded round closed around 2025-07-04.
Valuation (modeled)modeled
Provath models Foundry Lab, Inc. at approximately $31M (range $13M–$53M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.91× the median modeled value of Series A Manufacturing companies in 2025–2027 (62 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 46 months.
Last raise 12 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 85% of Manufacturing peers (3257 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: Island Hedley Parent LLC, Salt Lake City Distillery, Llc, Bespoken Spirits Inc., AiTA Bio Inc., C-Motive Technologies, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.