Fundraising Fox

Phospholutions

State College, US · Founded 2019 · Delaware corporation · 5 known investors

phospholutions.com ↗

Phospholutions develops phosphorus fertilizer technology, including its patented RhizoSorb additive and RhizoSorb 8-39-0 product, designed to increase phosphorus efficiency and replace dry MAP and DAP fertilizers. It serves fertilizer manufacturers, retailers, and growers in agriculture.

AgTechCleantechClimate TechNew Materials

Founders & leadership

Phospholutions was founded in 2019 by HUNTER SWISHER.

HSHUNTER SWISHER
HUNTER SWISHERinFounder30 Under 30 2023
RD
RICHARD DEFLURINamed on SEC filing
CA
CHRIS ABBOTTNamed on SEC filing
AS
ANDREW SPAHRNamed on SEC filing

Board

MRMATTHEW RHODES
MATTHEW RHODESinBoard directorManaging Director at 1855 Capital Partners

Investors · 5

1855 Capital PartnersState College · $100K – $500Kvia Matt Rhodes · inferred
Ag Ventures Alliance
Ospraie Ag ScienceRye
Radicle GrowthSan Diego
Tekfen VenturesNew York · $1M – $3M

Reported raises · per SEC filings

Form D private placements

$19.9M disclosed across 2 rounds · 2022–2023

▶$14.7MraisedAug 2023 · 10 investors · Environmental Services
Rule 506(b)
Officers, directors & promoters on the filing
  • RICHARD DEFLURIDirector
  • CHRIS ABBOTTDirector
  • HUNTER SWISHERExecutive Officer, Director
  • MATTHEW RHODESDirector
  • ANDREW SPAHRDirector
Offering amount
$15.7M
Amount sold
$14.7M
Minimum investment
$2
First sale
Jul 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.3MraisedJun 2022 · 3 investors · Environmental Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard DefluriDirector
  • Hunter SwisherExecutive Officer, Director
  • Steve LevitskyExecutive Officer
  • Matthew RhodesDirector
  • Andrew SpahrDirector
Offering amount
$5.3M
Amount sold
$5.3M
Minimum investment
$250K
First sale
Jan 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Tekfen Ventures-backed Fertilizer Tech Firm Phospholutions Raises over $10 Million | citybizcitybiz.co · Aug 2023Phospholutions Raises $10.15M in Fundingfinsmes.com · Aug 2023Phospholutions Raises $10.15M to Accelerate Commercialization of Higher Efficiency Fertilizersbusinesswire.com · Aug 2023Phospholutions, Inc. Attracts Additional Capital from Global Ag Companies - Ben Franklin Technology Partners of Central & Northern PAcnp.benfranklin.org · Jul 2022Phospholutions raises $10.3m Series A for sustainable fertilizer techagfundernews.com · Jan 2021Phospholutions - Ben Franklin Technology Partnersbenfranklin.org

Frequently asked questions

What does Phospholutions do?
Phospholutions develops phosphorus fertilizer technology, including its patented RhizoSorb additive and RhizoSorb 8-39-0 product, designed to increase phosphorus efficiency and replace dry MAP and DAP fertilizers. It serves fertilizer manufacturers, retailers, and growers in agriculture.
Who founded Phospholutions?
Phospholutions was founded by HUNTER SWISHER in 2019.
Who are Phospholutions's investors?
Phospholutions's investors include 1855 Capital Partners, Ag Ventures Alliance, Ospraie Ag Science, Radicle Growth, Tekfen Ventures.
How much funding has Phospholutions raised?
Phospholutions has disclosed $19.9M raised across 2 rounds.
Where is Phospholutions headquartered?
Phospholutions is headquartered in State College, US.