Fundraising Fox

Phylos

Portland, US · Founded 2014 · 47 employees on LinkedIn · 2 known investors

Phylos develops elite, phenotypically-stable, fully-feminized F1 hybrid cannabis seeds designed to give growers uniform, high-THC plants with agronomic traits that reduce production costs. The company serves cannabis cultivators of all sizes as an alternative to clonal propagation.

Founders & leadership

Phylos was founded in 2014 by Nishan Karassik.

NK
Nishan KarassikinFounder
RR
Ralph RischinExecutive
BP
Barbara PeacheyinExecutive
DA
Dylan AndersonExecutive
JMJohn McFerson
John McFersonVP of Breeding
JR
Jared ReynberySr. Director of Breeding

Board

MM
Mina MishrikeyBoard director
DP
David PattersonBoard director
TJ
Timothy J GregoryBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$23.9M disclosed across 10 of 11 rounds · 2015–2025

$583.4KraisedDec 2025 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nishan KarassikExecutive Officer, Director
  • Barbara PeacheyExecutive Officer
  • Ralph RischExecutive Officer, Director
  • Timothy J GregoryDirector
  • David PattersonDirector
  • Mina MishrikeyDirector
Amount sold
$583.4K
First sale
Dec 2025
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.5MraisedJan 2025 · 25 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy J GregoryDirector
  • Nishan KarassikExecutive Officer, Director
  • Mina MishrikeyDirector
  • Barbara PeacheyExecutive Officer
  • Ralph RischExecutive Officer, Director
  • David PattersonDirector
Amount sold
$4.5M
First sale
Jan 2020
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.8MraisedNov 2024 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mina MishrikeyDirector
  • Ralph RischExecutive Officer, Director
  • Nishan KarassikExecutive Officer, Director
  • David PattersonDirector
  • Timothy J GregoryDirector
  • Barbara PeacheyExecutive Officer
Offering amount
$4M
Amount sold
$1.8M
Minimum investment
$100K
First sale
Oct 2024
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$150KraisedNov 2023 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy J GregoryDirector
  • Nishan KarassikExecutive Officer, Director
  • David PattersonDirector
  • Mina MishrikeyDirector
  • Ralph RischExecutive Officer, Director
  • Barbara A PeacheyExecutive Officer
Amount sold
$150K
First sale
Nov 2023
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$250KraisedFeb 2023 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ralph RischExecutive Officer, Director
  • Timothy J GregoryDirector
  • David PattersonDirector
  • Mina MishrikeyDirector
  • Barbara A PeacheyExecutive Officer
  • Nishan KarassikExecutive Officer, Director
Offering amount
$1M
Amount sold
$250K
First sale
Feb 2023
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
Undisclosed amountofferedDec 2021 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nishan KarassikExecutive Officer, Director
  • Timothy J GregoryDirector
  • Ralph RischExecutive Officer, Director
  • Dylan AndersonExecutive Officer
  • David PattersonDirector
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedMay 2021 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ralph RischExecutive Officer, Director
  • Timothy J GregoryDirector
  • Dylan AndersonExecutive Officer
  • Nishan KarassikExecutive Officer, Director
  • David PattersonDirector
Offering amount
$5M
Amount sold
$2.5M
Minimum investment
$100K
First sale
Apr 2021
Incorporated
Corporation, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.2MraisedApr 2021 · 33 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Timothy J GregoryDirector
  • Ralph RischExecutive Officer, Director
  • David PattersonDirector
  • Nishan KarassikExecutive Officer, Director
  • Dylan AndersonExecutive Officer
Offering amount
$26M
Amount sold
$12.2M
Minimum investment
$20K
First sale
Apr 2019
Incorporated
Corporation, Oregon
Federal exemptions
06c
Full filing on SEC EDGAR ↗

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

Frequently asked questions

What does Phylos do?
Phylos develops elite, phenotypically-stable, fully-feminized F1 hybrid cannabis seeds designed to give growers uniform, high-THC plants with agronomic traits that reduce production costs. The company serves cannabis cultivators of all sizes as an alternative to clonal propagation.
Who founded Phylos?
Phylos was founded by Nishan Karassik in 2014.
Who are Phylos's investors?
Phylos's investors include Artemis Growth Partners, Merida Capital Holdings.
How much funding has Phylos raised?
Phylos has disclosed $23.9M raised across 10 of its 11 known rounds.
Where is Phylos headquartered?
Phylos is headquartered in Portland, US.