Phaxtec

Phaxtec

Private
Wake Forest, North CarolinaFrontier & Industrial Techhttps://www.phaxtec.com/

Last Round

Grant

Mar 30, 2026

Total Funding Raised

$1.58M

Company Overview

Phaxtec is a specialty chemicals company that develops polyhydroxyalkanoate materials intended for commercial and industrial applications. The company utilizes biotechnology and fermentation to convert biogas into a family of biopolymers that are biodegradable, aiming to provide sustainable alternatives to traditional plastics for the food service, agriculture, and personal care industries.

Sector

Frontier & Industrial Tech

Verticals

Sustainable Materials, Advanced Materials, Circular Economy, Biotechnology, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

polyhydroxyalkanoatesPHAbioplasticsplastic alternativesgas fermentationbiopolymerssustainable packagingbiodegradable materialsmethane utilizationadvanced materialscarbon capture and utilizationCCUbiogas conversionbiodegradable coatingscircular economysustainable fertilizertechnology licensing

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Phaxtec Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Phaxtec Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantMar 30, 2026
GrantApr 11, 2022

Key People

Founding team and executive leadership

Anindya Mukherjee

Founder And CEO

Founding Team

Phaxtec Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 30, 2026

    $1.25M grant from the National Science Foundation

  • Nov 15, 2025

    Grew 75% QoQ from 4 to 7 employees.

Phaxtec Filings

SEC and related filings with document metadata.

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Phaxtec Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Phaxtec's valuation, stock price, and market status.

Firmographic Details

HeadquartersWake Forest, North Carolina
Employee Range7
Year Founded2019
Last FundingMar 30, 2026

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