# PhosphonicS

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

- Industry: Chemicals
- Headquarters: Abingdon, UK
- Website: www.phosphonics.com
- Total disclosed funding: $5.8M
- Latest round: Series B (Apr 13, 2010)
- Investors on record: 3

## About

PhosphonicS specializes in functionalized materials for metal purification and recovery, focusing on the removal of impurities from various industrial processes, including pharmaceuticals and mining.PhosphonicS is dedicated to providing advanced solutions for metal recovery, particularly for precious metals. The company, headquartered in Abingdon, UK, has been actively involved in the industry since its inception. With Vanessa Eastwick-Field serving as CEO, the company has navigated through various business strategies but has consistently remained focused on its core offerings. Since its founding, PhosphonicS has attracted several rounds of investment, including the most recent Series B funding of USD 5.75 mn in April 2010, led by Seventure Partners and supported by the Regents of the University of California and Sussex Place Ventures. This brings the total amount raised by the company to USD 5.75 mn.PhosphonicS specializes in the provision of functionalized materials designed for the purification and recovery of metals, particularly targeting the removal of impurities from process and waste streams. Their core product offerings include advanced scavengers that selectively extract precious metals, especially Platinum Group Metals, without product loss. These materials are applied across various sectors such as pharmaceuticals, electronics, mining, and natural extracts, catering to customers ranging from research and development organizations to manufacturing plants. The company’s PhASE (PhosphonicS Advanced Scavenger Evaluation) program further aids clients in identifying the optimal solutions tailored to their specific challenges, enhancing product quality while recovering valuable metals. PhosphonicS distributes its products and services not only within the European market but also to a wide array of international clients, ensuring versatile applications in diverse industrial settings.PhosphonicS generated revenue of USD 975,551.70 in the most recent year, which was 2016. The company achieved an EBITDA of 0 for the same period. Revenue is primarily derived from the sale of innovative purification and recovery products, including its flagship Purification Kit and Recovery Kit, which are provided free of charge for initial testing. Through direct B2B transactions, PhosphonicS offers customized solutions and technical advice, fostering long-term partnerships with its clients. Typical transactions include tailored laboratory testing services, engineering consultations for plant design, and ongoing support for optimizing processing parameters, thereby enhancing operational efficiency and product quality.PhosphonicS plans to strengthen its market position by developing new products designed to meet evolving industry needs. Although specific release dates for these upcoming offerings are not detailed, the company aims to expand its presence in emerging markets globally. The recent Series B funding of USD 5.75 mn will be utilized to support these expansion efforts and the development of new solutions. The financing will enable PhosphonicS to enhance its product line and increase its capabilities in existing and new geographic regions, thus catering to a broader client base.

## Funding rounds

- Series B, Apr 13, 2010, $5.8M — Seventure Partners, Regents of the University of California, Sussex Place Ventures

## Investors

- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series B
- Regents of the University of California — Series B
- Sussex Place Ventures (https://capitalatlas.ai/funds/sussex-place-ventures) — Series B