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Phlow Corp. closes $37M Series C financing round led by Align Private Capital to enhance medicine development and manufacturing in America.

PRIVATEJul 22, 2025

Amount Raised

$37 Million

Round Type

Series C

RichmondManufacturingBiotechnologyHealth CarePharmaceutical

Investors

Align Private Capital Llc

Description

Phlow Corp. announced the successful close of its Series C financing round at a valuation increase. The $37 million raised will support the Company’s mission to advance development and manufacturing in the U.S. The round was led by Align Private Capital and included additional new and follow-on investors

Quick answer

Phlow raised $37 Million in a Series C round, dated July 22, 2025. Investors: Align Private Capital Llc. Phlow is based in Richmond, Virginia, United States.

How much did Phlow raise?
Phlow raised $37 Million in a Series C round on July 22, 2025.
Who invested in Phlow?
Align Private Capital Llc is named as investors in this round.
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.

  • Helus Pharma raised $50M on June 30, 2025.
  • USpharma Ltd raised an undisclosed amount (Private Equity) on June 30, 2025.
  • Ronovo Surgical raised $67M (Series D) on September 5, 2025.
  • TNF Pharmaceuticals raised $7M on September 2, 2025.
  • Os Therapies raised $3.8M on September 2, 2025.
  • Lumaegis raised $200K (Pre-Seed) on August 26, 2025.

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.

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Company Information

Company

Phlow

Location

424 Hull St, Suite 400

Richmond, Virginia, United States

About

Phlow, a B Corporation™, helps brilliant minds bring medicines to life through advanced development and manufacturing in America. Focused on innovations in drug substance development, Phlow supports government and private industry customers to create innovative approaches with scientific expertise, world-class manufacturing, and tech-enabled processes that propel the industry forward to a new standard as we create the future of how medicines are made. As a modern contract development and manufacturing provider, we measure our impact by increasing speed to market, reducing waste, and offering an environmentally friendly approach to manufacturing medicines that lead to healthy, resilient communities.

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Related People

1 contact
Verified contactsEric E., DirectorSee plans and pricing
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Phlow 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.