PHNX Materials
Latest round
- Seed
Last raised
- Apr 2025
Total raised
- $2.5M
Investors
- 3
About PHNX Materials
PHNX Materials focuses on converting waste coal ash into usable products. Founded in 2024 in San Francisco, US, the company has completed one notable deal.PHNX Materials specializes in the transformation of contaminated landfilled coal ash into sustainable products, effectively addressing the challenges associated with waste management and resource recovery. The company's core offerings include lower-cost building materials, critical metals, and fertilizers, which utilize advanced chemistry to enhance their functional properties. These products serve various end-use cases, ranging from construction to agriculture, fulfilling a growing demand for environmentally-friendly alternatives in these sectors. PHNX Materials markets its solutions primarily to construction firms and agricultural producers, aiming to provide solutions that not only meet regulatory requirements but also promote sustainable practices.PHNX Materials generates revenue through direct sales of its innovative products to a diverse clientele, including construction companies, agricultural producers, and industrial manufacturers. The transactional structure is primarily B2B, with customers purchasing products through negotiated agreements and contracts. These agreements may include bulk purchases of building materials and fertilizers that leverage the value of recycled coal ash. PHNX Materials' revenue is bolstered by partnerships with various stakeholders in the construction and agricultural sectors, indicating a strategic approach to market penetration. PHNX Materials aims to launch new products that focus on sustainable practices by 2026 and plans to expand into new markets in Europe and Asia by 2027, strategically positioning itself to meet the rising demand for sustainable construction materials and fertilizers.
Who invested in PHNX Materials
3 investors across 1 round
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Funding rounds
Seed
Apr 21, 2025
Amount
$2.5M
Investors
Questions about PHNX Materials
Who invested in PHNX Materials?
PHNX Materials has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PHNX Materials raised?
PHNX Materials has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PHNX Materials last raise money?
PHNX Materials's most recent round on record is a Seed, in Apr 2025.
What does PHNX Materials do?
PHNX Materials focuses on converting waste coal ash into usable products.
Where is PHNX Materials headquartered?
PHNX Materials is headquartered in San Francisco, US.
Which VCs invest in companies like PHNX Materials?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at PHNX Materials's stage. Their profiles are linked below.
VCs backing power & utilities startups at Seed
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