Fundraising Fox

Physna

Cincinnati, US · Founded 2019 · Delaware corporation · 30 employees on LinkedIn · 3 known investors

Physna analyzes 3D models of parts and assemblies to make them searchable and comparable by geometry, helping identify duplicates, reuse opportunities, and sourcing options. It serves engineering, procurement, and supply chain teams in manufacturing.

Founders & leadership

Physna was founded in 2019 by Paul J. Powers.

PJ
Paul J. PowersFounder
PW
Paul W. RenzenbrinkExecutive

Board

MW
Mike WengerBoard director
MKMark Kvamme
Mark Kvammein𝕏Board directorPartner at Drive Capital

Investors · 3

Reported raises · per SEC filings

Form D private placements

$6.9M disclosed across 1 round · 2019

$6.9MraisedAug 2019 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul W. RenzenbrinkExecutive Officer
  • Mike WengerDirector
  • Mark KvammeDirector
  • Paul J. PowersExecutive Officer, Director
Offering amount
$6.9M
Amount sold
$6.9M
First sale
Jul 2019
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.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$1M

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Physna do?
Physna analyzes 3D models of parts and assemblies to make them searchable and comparable by geometry, helping identify duplicates, reuse opportunities, and sourcing options. It serves engineering, procurement, and supply chain teams in manufacturing.
Who founded Physna?
Physna was founded by Paul J. Powers in 2019.
Who are Physna's investors?
Physna's investors include Drive Capital, Next Play Ventures, Sequoia Capital.
How much funding has Physna raised?
Physna has disclosed $6.9M raised across 1 round.
Where is Physna headquartered?
Physna is headquartered in Cincinnati, US.