What is Phenix?
Founded in 2014 and headquartered in Paris, France, Phenix operates at the intersection of sustainability and digital transformation. The company provides sophisticated application software that enables retailers, manufacturers, and food service providers to manage surplus inventory effectively. By digitizing the process of redistribution and waste management, Phenix helps organizations minimize their ecological footprint while simultaneously improving operational margins. Its market position is defined by its ability to integrate seamlessly into existing retail workflows, providing a scalable solution to the systemic challenge of food waste in modern supply chains.
How much funding has Phenix raised?
Phenix has raised a total of $14.7M across 1 funding round:
Unspecified
$14.7M
Unspecified (2022): $14.7M with participation from BNP Paribas, Danone Manifesto Ventures, Lombard Odier, INCO Ventures, and ETF Partners
Key Investors in Phenix
BNP Paribas
BNP Paribas is a leading international banking group headquartered in Paris, France, providing a wide range of financial services including corporate and institutional banking, with a strong commitment to sustainable finance and ESG-driven investment.
Danone Manifesto Ventures
Danone Manifesto Ventures is a corporate venture group that invests in innovative food and food tech businesses, aiming to disrupt traditional consumption habits and foster a sustainable future for the food industry.
Lombard Odier
Lombard Odier is a Geneva-based firm specializing in wealth management and financial advisory services, known for its long-term perspective on sustainable investment and capital preservation.
What's next for Phenix?
Looking ahead, the strategic deployment of $14.7M will likely focus on international expansion and the further refinement of its data-driven waste management algorithms. As the regulatory environment in Europe continues to tighten around sustainability reporting and waste reduction mandates, Phenix is uniquely positioned to serve as a critical partner for large-scale enterprises. The company is expected to prioritize the development of new features that enhance predictive analytics, allowing clients to forecast surplus inventory with greater precision. By maintaining its focus on high-impact, sustainable innovation, Phenix is poised to solidify its leadership in the food tech sector, driving long-term value for both its stakeholders and the environment.
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