Forge Minerals
Edinburgh, GB · 7 known investors
Find your way into Forge Minerals
645 people in our graph share verified history with the Forge Minerals team — schools, employers, funds. One of them is your warm intro.
Connor Whitingunlockedknows Matthew Vaughan · together at Saïd Business School, University of Oxford (overlapped)
×2knows the team · via Dalhousie University
×2knows the team · via ETH Zürich
knows the team · via Saïd Business School, University of Oxford
knows the team · via École normale supérieure de Lyon
×3knows the team · via Shell Oil Company
Forge Minerals converts carbon dioxide from biogenic emissions into high-purity magnesium carbonates using advanced chemical processes. The company develops carbon-negative mineral products intended to replace carbon-intensive materials used in construction, pharmaceuticals, manufacturing, and other industrial applications.
Founders & leadership
IS
Ian SpencerinCo-founder | CEO | EconomistCo-founder and CEO of Forge Minerals, which converts biogenic carbon dioxide into high-purity magnesium carbonates as carbon-negative alternatives to carbon-intensive materials in construction, pharmaceuticals, and manufacturing. An economist, he previously held a government role and has worked on hydrogen production, supply, and storage infrastructure.
SP
Sylvain PetitgirardinCo-founder | CSOPetitgirard is an Earth scientist with over 15 years of research experience studying planetary interiors and atmospheres, conducting work at advanced international research facilities. He is co-founder and chief scientific officer of Forge Minerals, which converts biogenic CO2 into high-purity magnesium carbonates for industrial applications.
MV
Matthew VaughaninCo-founder | COOMatthew Vaughan holds a PhD in Earth Science and worked as an operations consultant before co-founding Forge Minerals, where he serves as COO. He has experience building operational and development systems for climate and sustainability technology ventures.
Investors · 7
One Planet Capital✓ verifiedCambridge · $32K – $640K
Sustainable Ventures✓ verifiedLondon
Old College Capital✓ verifiedEdinburgh · $190.5K
Scottish Enterprise✓ verifiedGlasgow
Carbon13Cambridge
Also in the syndicate · 2
Kappika VenturesThe Conduit Impact Fundlead
Funding
SEC filings, press & company announcements- Undisclosed amountpre-seed funding roundFeb 2026
Sustainable Ventures (lead), The Conduit Impact Fund (lead), Kappika Ventures, Old College Capital, One Planet Capital, Scottish Enterprise
Source ↗ - Undisclosed amountpre-seed funding roundJan 2026Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Companies House · registry record
View on Companies House ↗- Registered name
- FORGE MINERALS LIMITED
- Company number
- SC813531
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 13 Jun 2024
- Registered office
- Edinburgh Innovation Hub, Queen Margaret University Drive, Musselburgh, EH21 6UD
- Nature of business (SIC)
- 71121 — Engineering design activities for industrial process and production
- Accounts
- last made up to 30 Jun 2025 · next due 31 Mar 2027
- Confirmation statement
- last made up to 12 Jun 2026 · next due 26 Jun 2027
Current officers · 3
- Eva-Maria Dimitriadis — director, appointed 19 Jan 2026
- Ian Edward Spencer — director, appointed 13 Jun 2024
- Matthew James Hatfield Vaughan — director, appointed 13 Jun 2024
Source: Companies House public register · retrieved 5 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.
In the news
Frequently asked questions
- What does Forge Minerals do?
- Forge Minerals converts carbon dioxide from biogenic emissions into high-purity magnesium carbonates using advanced chemical processes. The company develops carbon-negative mineral products intended to replace carbon-intensive materials used in construction, pharmaceuticals, manufacturing, and other industrial applications.
- Who founded Forge Minerals?
- Forge Minerals was founded by Ian Spencer, Sylvain Petitgirard, Matthew Vaughan.
- Who are Forge Minerals's investors?
- Forge Minerals's investors include One Planet Capital, Sustainable Ventures, Old College Capital, Scottish Enterprise, Carbon13.
- Where is Forge Minerals headquartered?
- Forge Minerals is headquartered in Edinburgh, GB.