FORAY bioscience
FORAY bioscience is an MIT spinout that uses single-cell plant engineering and an AI-powered R&D workspace (Pando) to biomanufacture plant materials, molecules, and fabricated seeds for agriculture, conservation, and mining-revegetation customers.
- Company typePrivate
- Founded2022
- HeadquartersCambridge, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What FORAY bioscience does
FORAY bioscience is an MIT spinout founded in 2022 by Dr. Ashley Beckwith that operates a plant biomanufacturing platform producing materials, molecules, and seeds by directing single plant cells, bypassing traditional agriculture. The company claims this approach shortens plant development timelines from decades to months, enables harvest-free production at scale, and addresses supply-chain risks and biodiversity loss (the company cites that 40% of plant species are at risk of extinction). Core technology consists of a proprietary plant cell culture platform combined with single-cell engineering techniques that allow steering of plant cells into specific product formats, including fabricated seeds for propagation.
The company has commercialized this capability through three vectors: (1) fabricated seed commercialization partnerships with agricultural counterparties including West Coast Chestnut (Pacific Northwest chestnut varieties, January 2026) and Z's Nutty Ridge (hazelnut trees, April 2026); (2) an environmental-restoration application via the Founders Factory + Rio Tinto Mining Tech Accelerator (mine-site revegetation, September 2025); and (3) Pando, an AI-powered SaaS research and development workspace for plant biology launched in May 2026, sold on a per-seat subscription basis with non-profit and academic tiers. Revenue streams are therefore a mix of SaaS subscriptions, partnership-driven product development, and forward-looking licensing/royalties on fabricated seed cultivars.
FORAY is headquartered in Cambridge, Massachusetts (750 Main St), employs approximately 13 people spanning plant science, applied AI, software engineering, and commercialization, and is venture-backed with approximately $3.9 million raised to date (seed round led by ReGen Ventures with The Engine Ventures, Susquehanna Sustainable Investments, and others, June 2024). The company has not disclosed revenue or assets per its SEC Form D filing and operates primarily as a U.S.-focused enterprise with early international inbound interest from mining and materials customers.
FORAY bioscience firmographics
Firmographics- Name
- FORAY bioscience
- Legal name
- Foray Bioscience, Inc.
- Website
- https://foraybio.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- FORAY bioscience is an MIT spinout that uses single-cell plant engineering and an AI-powered R&D workspace (Pando) to biomanufacture plant materials, molecules, and fabricated seeds for agriculture, conservation, and mining-revegetation customers.
- Ownership category
- akta.pro rank
FORAY bioscience industry classification
Industry- Product category
- Plant Biomanufacturing
- NAICS
- Research and Development in Biotechnology (except Nanobiotechnology) (541714)
- SIC
- Agricultural Services (700)
- akta.pro primary industry
- Transformation & Tissue Culture Platforms (Plant regeneration, delivery systems) (AFABALAH)
- akta.pro secondary industries
- Digital Breeding & Bioinformatics Software (Breeding informatics, decision tools) (AFABALAL), Biological Formulation, Fermentation & Scale-Up Manufacturing (AFABAEAM), Synthetic Biology & Genetic Circuit Design Platforms (pathway engineering, chassis development) (HLAAAIAD), Bioprocess Development & Scale-Up/Scale-Down Platforms (DoE, high-throughput, modeling) (HLAAAJAF)
Keywords
Where FORAY bioscience is headquartered
LocationHeadquarters
- HQ city
- Cambridge
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
FORAY bioscience business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Pando Platform Subscriptions: SaaS platform subscription model with per-seat pricing, free trials available, and tiered plans including non-profit and academic tiers. Revenue generated through seat-based licensing during subscription terms.
- Fabricated Seed Commercialization: Multi-year commercialization partnerships for fabricated seeds with companies like West Coast Chestnut, developing seed products for select plant varieties.
- Product Development Partnerships: Partnership-driven revenue through collaborative product development with nurseries, conservation organizations, and agricultural companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Trial available for new customers |
| Per seat | Monthly | Standard subscription with per-seat pricing |
| Subscription | Annual | Non-profit and academic tiers available |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
FORAY bioscience product offering
Product offeringCore offering
FORAY bioscience operates a plant cell culture biomanufacturing platform that grows plant products—materials, molecules, and fabricated seeds—without traditional agriculture by steering single plant cells to create specific products. Built on top of this biomanufacturing capability is Pando, an AI-powered intelligent research and development workspace for plant biology that makes lab-based plant growth predictable across species and applications, enabling 10x faster access to plant products at unprecedented scales.
Product overview
FORAY bioscience is a plant biomanufacturing company that operates a unified platform combining plant cell culture technology with AI-powered software. The core offering consists of their Plant Cell Culture Platform, which produces materials, molecules, and fabricated seeds by steering plant cells to create products without traditional plant growth. Built on top of this is Pando, an AI-powered intelligent R&D workspace for plant biology launched in May 2026. Together, these products aim to 10x access to plant products at speeds and scales not previously possible, supporting applications from packaging and textiles to therapeutics, agriculture, and ecosystem restoration.
Differentiator
Problem solved
Functional benefit
Brands
- Pando: AI-powered intelligent research and development workspace for plant biology, accelerating deployment of plant innovations and making growing plants in the lab predictable across species and applications.
Products and services
- Pando An AI-powered intelligent research and development workspace for plant biology that accelerates deployment of plant innovations by making growing plants or plant cells in the lab predictable across species and applications. Targeted at plant biologists, agricultural researchers, and commercial plant innovators who need to standardize and accelerate plant development workflows.
- Fabricated Seeds Plant seeds developed through biomanufacturing by steering plant cells to create seeds from single cells, enabling scalable propagation and accelerating time-to-market for new plant cultivars without traditional breeding timelines. Used by agricultural companies, nurseries, and conservation organizations for crop improvement, reforestation, and ecosystem restoration.
- Plant Cell Culture Biomanufacturing Platform A biomanufacturing platform that grows plant products—materials, molecules, and seeds—without the plant by using nature's building block (the single cell) to direct how plant matter forms, creating harvest-free production at scale. Serves agricultural companies, materials manufacturers, conservation organizations, and research institutions.
Quantifiable outcome
- Development timelines shortened from decades to months
- +2 more outcomes
Companies that use FORAY bioscience
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
FORAY bioscience technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature4 records
FORAY bioscience partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Z's Nutty RidgecoreCollaboration to develop faster methods for scaling hazelnut trees, targeting agricultural applications.
- West Coast ChestnutcoreFirst fabricated seed commercialization partnership. Foray will develop fabricated seeds for select chestnut varieties, enabling scalable propagation from single cells. West Coast Chestnut serves as key partner for validating products for reforestation in Pacific Northwest.
- Founders Factory + Rio TintocoreSelected for Founders Factory + Rio Tinto Mining Tech Accelerator to pioneer fabricated seeds for mine-site revegetation, addressing environmental restoration in mining operations.
- Elemental ImpactminorJoined Elemental Impact portfolio of 16 climate technologies creating jobs and local economic impact.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
FORAY bioscience competitors and assessment
Company assessmentDirect peers
- Inari Agriculture: Ag-biotech combining seed-level trait discovery with AI/ML and multiplex gene editing to dramatically shorten breeding cycles. Most directly comparable to FORAY on the AI-driven, biology-first approach to accelerating plant innovation.
- Benson Hill: Crop improvement company using AI-enabled genomics and plant biology platforms (CropOS) to develop improved seed varieties. Comparable business model and customer base in agricultural seed innovation.
- Tropic Biosciences: Plant-biotech using gene editing (GEiGS) to develop improved tropical crop varieties. Overlaps with FORAY on applying advanced biology to accelerate novel plant product development.
- Antheia: Synthetic biology company producing plant-derived pharmaceuticals via yeast fermentation — analogous 'cell-as-factory' platform producing plant-origin molecules without traditional agriculture.
- Cibus: Gene-editing company developing improved crop traits via its Rapid Trait Development System. Comparable on accelerated plant product development for agricultural seed customers.
Broad incumbents
- Ginkgo Bioworks: Large synthetic biology platform engineering microorganisms for applications across agriculture, food, and industrial biomanufacturing. Comparable on the cell-engineering / platform-services model but much broader in organism and application scope.
Emerging players
- Spiber: Biomaterials company using brewed protein (fermentation-based) to produce textile fibers as an alternative to plant- and animal-derived materials. Comparable on the harvest-free biomanufactured materials thesis.
- Bolt Threads: Biomaterials company producing leather, silk, and cosmetic ingredients via precision fermentation. Comparable harvest-free biomaterials positioning serving consumer-products brands.
- Brightseed: AI-driven plant bioactives discovery platform (Forager) mapping health-beneficial compounds in plants. Comparable AI-on-plant-biology thesis and SaaS/data licensing monetization.
- Materialise (biomaterials focus) / Checkerspot: Biomaterials startup using fermentation to produce novel plant-inspired oils for polyurethanes, textiles, and cosmetics. Comparable on biomanufactured, plant-derived ingredients for materials markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
FORAY bioscience social profiles
Digital presenceFORAY bioscience financial estimates
Financial estimateRevenue estimate
Valuation estimate
FORAY bioscience leadership team
Management profileNumber of profiles
Profiles5 records
FORAY bioscience funding detail
Funding detailFunding overview
Funding rounds3 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FORAY bioscience M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FORAY bioscience
What does FORAY bioscience do?
FORAY bioscience operates a plant cell culture biomanufacturing platform that grows plant products—materials, molecules, and fabricated seeds—without traditional agriculture by steering single plant cells to create specific products. Built on top of this biomanufacturing capability is Pando, an AI-powered intelligent research and development workspace for plant biology that makes lab-based plant growth predictable across species and applications, enabling 10x faster access to plant products at unprecedented scales.
Is FORAY bioscience a public or private company?
FORAY bioscience is a private company. It is classified as venture growth investor backed and is currently operating.
When was FORAY bioscience founded?
FORAY bioscience was founded in 2022. It employs 1 to 10 people.
Where is FORAY bioscience based?
FORAY bioscience is headquartered in Cambridge, United States, in the North America region.
How does FORAY bioscience make money?
Three revenue lines are on record. Pando Platform Subscriptions are the primary driver. The others are fabricated Seed Commercialization and product Development Partnerships.
Who are FORAY bioscience's main competitors?
Direct peers on record are Inari Agriculture, Benson Hill, Tropic Biosciences, Antheia and Cibus. Ginkgo Bioworks is listed as a broad incumbent. Emerging players are Spiber, Bolt Threads, Brightseed and Materialise (biomaterials focus) / Checkerspot.
Does FORAY bioscience have an API?
No public API is recorded for FORAY bioscience.
What industry is FORAY bioscience in?
FORAY bioscience's product category is Plant Biomanufacturing. Its primary akta.pro industry code is AFABALAH, Transformation & Tissue Culture Platforms (Plant regeneration, delivery systems), with a secondary code of AFABALAL, Digital Breeding & Bioinformatics Software (Breeding informatics, decision tools). Its NAICS code is 541714 and its SIC code is 700.