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Forward Industries Raises $1.65B in PIPE Led by Galaxy, Jump Crypto and Multicoin Capital
Growth StageCrypto

Forward Industries Raises $1.65B in PIPE Led by Galaxy, Jump Crypto and Multicoin Capital

•October 8, 2025
•Oct 8, 2025
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Participants

Forward Industries

Forward Industries

company

galaxy-digital-llc

galaxy-digital-llc

investor

Jump Crypto

Jump Crypto

investor

Multicoin Capital

Multicoin Capital

investor

Deal Summary

Forward Industries secured a $1.65 billion private investment in public equity (PIPE) financing round led by Galaxy Digital, Jump Crypto and Multicoin Capital. The funding supports its launch of a zero-fee Solana validator and follows the firm committing over 6.8 million SOL from its treasury to back the node.

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