Phlow Announces Over $35M In Series B Funding To Improve The U.S. Medicine Supply Chain
Amount Raised
$35 Million
Round Type
Series B
RichmondManufacturingBiotechnologyHealth CarePharmaceuticalDescription
Phlow Corp., a U.S.-based public benefit corporation and contract development and manufacturing organization (CDMO), today announced that it has closed a $36 million Series B capital raise as part of its mission to protect America’s medicine cabinet. Since its launch in 2020, Phlow has been working to leverage advanced development and manufacturing processes to re-imagine the domestic production of key starting materials (KSM), active pharmaceutical ingredients (API), and finished pharmaceutical products that are critical to U.S. healthcare.
Quick answer
Phlow raised $35 Million in a Series B round, dated April 5, 2023. Phlow is based in Richmond, Virginia, United States.
- How much did Phlow raise?
- Phlow raised $35 Million in a Series B round on April 5, 2023.
- What does Phlow do?
- Phlow, a B Corporation™, helps brilliant minds bring medicines to life through advanced development and manufacturing in America.
- Where is Phlow based and how big is it?
- Phlow is based in Richmond, Virginia, United States. Fundz records about 106 employees.
- Who are the decision-makers at Phlow?
- Fundz holds 1 contact at Phlow, including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Pharmaceutical and Manufacturing around the same time
Companies in the same sectors as Phlow that raised within 45 days of this round, from Fundz verified event records.
- Persist AI raised $4.9M (Seed) on April 13, 2023.
- InspireMD raised $42M on May 12, 2023.
- Decoy Therapeutics Inc. raised $6M on May 11, 2023.
- MED-X raised $120K (Pre-Seed) on May 6, 2023.
- Novabay raised $3M (Seed) on May 1, 2023.
- Mezzion Pharma raised $40M (Funding Round) on April 25, 2023.
Who to call at Phlow, and when
A new round usually means Phlow is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Phlow raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Phlow, from your own LinkedIn network
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Funding Insights
What this usually meansPhlow raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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