# Phinite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phinite

- Industry: Agribusiness
- Headquarters: Raleigh, US
- Website: www.phinite-us.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Mar 1, 2022)
- Investors on record: 1

## About

Based in North Carolina, US, and founded in 2016 by its CEO, Jordan Phasey, Phinite Inc. operates as a provider of nutrient recovery solutions that transform farm waste into fertilizer products. In March 2022, the Iowa State University (ISU) Research Park's Ag Start-up Engine made an early investment in Phinite.

Phinite offers clean technology solutions to produce regenerative fertilizer, with its first manufacturing facility in North Carolina. While utilizing farm waste, the company also provides drying technology to help farmers avoid soil degradation and nutrient pollution.

The company plans to deepen its strategic partnerships with strategic investors in order to build its brand and expand rapidly in order to acquire new markets.

## Funding rounds

- Seed, Mar 1, 2022, $0.1M — Ag Startup Engine

## Investors

- Ag Startup Engine (https://capitalatlas.ai/funds/ag-startup-engine) — Seed