How Much Did Phlow Raise?
Funding & Key Investors

Phlow, a B Corporation focused on advanced drug substance development and manufacturing in America, has secured significant enterprise-level funding, with its total capital raised reaching $107M. The company recently announced a major strategic investment of $37M, underscoring its pivotal role in modernizing pharmaceutical manufacturing and accelerating the delivery of essential medicines. This latest financing round signifies a critical juncture for Phlow as it aims to set new industry standards for speed, efficiency, and environmental sustainability in drug production.

What is Phlow?

Phlow
ManufacturingPharmaceuticalsBusiness Services

Phlow operates as a modern contract development and manufacturing organization (CDMO) dedicated to bringing life-saving medicines to market through innovative scientific expertise and tech-enabled processes. The company's core mission involves enhancing the domestic supply chain for critical pharmaceutical ingredients, thereby reducing reliance on foreign manufacturing and bolstering national health resilience. By focusing on drug substance development and employing environmentally conscious manufacturing techniques, Phlow aims to decrease waste and shorten the time from discovery to patient access, contributing to healthier communities.

How much funding has Phlow raised?

Phlow has raised a total of $107M across 4 funding rounds:

2020

Unspecified

$15M

2021

Series A

$20M

2023

Series B

$35M

2025

Series C

$37M

Unspecified (2020): $15M, investors not publicly disclosed

Series A (2021): $20M, investors not publicly disclosed

Series B (2023): $35M, investors not publicly disclosed

Series C (2025): $37M featuring Align Private Capital

Key Investors in Phlow

Align Private Capital

Align Private Capital is a women-owned investment advisor specializing in alternative investments for Single Family Offices, leveraging a network of SFOs and sector experts to source direct investment opportunities.

What's next for Phlow?

With the infusion of $107M in total capital and a recent major strategic investment of $37M, Phlow is poised for significant expansion and operational enhancement. This substantial backing is expected to fuel advancements in its manufacturing capabilities, potentially enabling the company to scale its operations to meet increasing demand for domestic pharmaceutical production. The company's commitment to innovation and sustainability suggests a strategic focus on further developing its proprietary technologies and expanding its service offerings to government and private industry clients, solidifying its position as a leader in the evolving landscape of pharmaceutical manufacturing.

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Frequently Asked Questions Regarding Phlow Financial Insights

What are the most recent funding rounds that Phlow has completed, and what were the funding rounds?
Phlow has recently completed 3 funding rounds: Series C on Jul 22, 2025, Series B on Apr 5, 2023, Series A on Feb 16, 2021.
What is the total amount of funding Phlow has raised to date?
Phlow has raised a total of $107M in funding to date.
How many funding rounds has Phlow completed?
Phlow has completed 3 funding rounds.
How much funding did Phlow raise in its most recent funding round?
Phlow raised $37M in its most recent funding round.
Who are the lead investors in Phlow's latest funding round?
The lead investor in Phlow's latest funding round was Align Private Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Phlow's history?
The largest funding round in Phlow's history was $37M.
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