Phospholutions

AgribusinessSeries BState College, USphospholutions.com

Latest round

Series B

Last raised

Jul 2023

Total raised

$26M

Investors

8

About Phospholutions

Phospholutions, Inc. was formed in 2016 in State College, US. The company specializes in agricultural technology aimed at optimizing phosphorus use for growers.Phospholutions specializes in innovative agricultural solutions primarily centered around its flagship product, RhizoSorb®, a phosphorus fertilizer enhancer. This technology empowers growers to optimize phosphorus use by aligning fertilizer application with the specific needs of plants, effectively reducing phosphorus usage by up to 50% while maximizing yield. The company's products are supported by extensive academic and field trials, ensuring proven effectiveness.Phospholutions generates revenue through the sale of its RhizoSorb® technology, which is integrated into various phosphorus fertilizers marketed to agricultural producers. The business structure is primarily B2B, engaging directly with growers and agricultural retailers who purchase the products in bulk for distribution. Revenue transactions occur through direct sales contracts, with pricing determined based on specific formulations and quantities ordered.In July 2023, Phospholutions, Inc. The company plans to expand its market presence by launching new products and entering additional geographic regions.

Who invested in Phospholutions

8 investors across 3 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Jul 28, 2023

    Amount

    $15M

    Investors

    Locked

  2. Series A

    Jan 26, 2021

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Jun 6, 2019

    Amount

    $1.5M

    Investors

    Locked

Questions about Phospholutions

Who invested in Phospholutions?

Phospholutions has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Phospholutions raised?

Phospholutions has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Phospholutions last raise money?

Phospholutions's most recent round on record is a Series B, in Jul 2023.

What does Phospholutions do?

Phospholutions is a agribusiness company.

Where is Phospholutions headquartered?

Phospholutions is headquartered in State College, US.

Which VCs invest in companies like Phospholutions?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at Phospholutions's stage. Their profiles are linked below.

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