# Phantm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phantm-pty

- Industry: Software
- Headquarters: Cremorne, Australia
- Website: www.phantm.com/
- Total disclosed funding: $1.3M
- Latest round: Seed (Dec 21, 2023)
- Investors on record: 7

## About

Founded in 2020 and based in Victoria, Australia, Phantm Pty Ltd operates as a provider of a platform for plastic reduction. In November 2023, CoVentures, Salus Ventures, and Black Nova Group co-led USD 2 million in seed funding for Phantm Pty Ltd. As of 2023, the company is led by its CEO, Elliot Costello, and has a client base including companies like Fonda, Stackpack, Waverly Farm, and many more.

The company offers packaging and product decision tools used to reduce and eliminate their plastic footprint through a three-step A-R-T process (assess, reduce, and transition).

The company also provides assessment tools and life cycle analysis software used to measure the environmental impact of current packaging and products and develop reduction plans focused on materials, design principles, and system changes.

The company plans to use November 2023 to support its expansion in Asia, North America, and Europe.

## Funding rounds

- Seed, Dec 21, 2023, $1.3M — Black Nova Group, Boutique Capital Pty Ltd, Salus Ventures, CoVentures, Eyers N Graces Pty Ltd, Pud2 Pty Ltd, Specialised Investment And Lending Corporation Ltd

## Investors

- Black Nova Group (https://capitalatlas.ai/funds/black-nova-group) — Seed
- Boutique Capital Pty Ltd — Seed
- Salus Ventures (https://capitalatlas.ai/funds/salus-ventures) — Seed
- CoVentures (https://capitalatlas.ai/funds/coventures) — Seed
- Eyers N Graces Pty Ltd — Seed
- Pud2 Pty Ltd — Seed
- Specialised Investment And Lending Corporation Ltd — Seed