Phospholutions Raises $10.15M To Accelerate Commercialization Of Higher Efficiency Fertilizers
Amount Raised
$10.2 Million
Round Type
Funding Round
State CollegeSustainabilityFarmingInvestors
Description
Phospholutions Inc., a pioneer in sustainable fertilizer technology, has announced an additional $10.15M investment from leading global fertilizer companies and investors to accelerate the commercialization of RhizoSorb® in the US row crop market. The financing was led by Advantage Capital and includes continued investment from Conti Ventures (a division of Continental Grain Company), Tekfen Ventures, Maumee Ventures, and Ben Franklin Technology Partners. Keytrade, a global fertilizer trader, also joins as a new investor.
Quick answer
Phospholutions raised $10.2 Million in a Funding Round round, dated August 15, 2023. Investors: Keytrade, Ben Franklin Technology Partners, Maumee Ventures, Tekfen Ventures, Conti Ventures and Advantage Capital. Phospholutions is based in State College, Pennsylvania, United States.
- How much did Phospholutions raise?
- Phospholutions raised $10.2 Million in a Funding Round round on August 15, 2023.
- Who invested in Phospholutions?
- Keytrade, Ben Franklin Technology Partners, Maumee Ventures, Tekfen Ventures, Conti Ventures and Advantage Capital are named as investors in this round.
- What does Phospholutions do?
- Phospholutions is an agricultural technology company founded in 2016 in State College, Pennsylvania, focused on improving the use of phosphorus in crop production.
- Where is Phospholutions based and how big is it?
- Phospholutions is based in State College, Pennsylvania, United States. Fundz records about 28 employees.
- Who are the decision-makers at Phospholutions?
- Fundz holds 1 contact at Phospholutions, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Farming around the same time
Companies in the same sectors as Phospholutions that raised within 45 days of this round, from Fundz verified event records.
- Farmer's Business Network raised $155M on September 29, 2023.
- Traction Ag raised $1.5M (Seed) on September 29, 2023.
- Aigen raised $11M on September 27, 2023.
- Arc raised an undisclosed amount (Funding Round) on September 27, 2023.
- BKV Corporation raised $150M on September 26, 2023.
- Complete Farmer raised $10M (Funding Round) on September 20, 2023.
Who to call at Phospholutions, and when
A new round usually means Phospholutions is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Phospholutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Phospholutions, from your own LinkedIn network
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Related People
Phospholutions 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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