How Much Did PhytogenX Raise?
Funding & Key Investors

PhytogenX has secured $2.2M in total capital, with its most recent funding round bringing in $1.2M. This major strategic investment signals a significant milestone for the Morgantown, PA-based skin care products contract manufacturer, underscoring its growth trajectory and market potential in the competitive beauty industry.

The company's financial history, marked by significant debt financing rounds in 2020 and 2021, indicates a strategic approach to capital acquisition, likely aimed at scaling operations and enhancing its manufacturing capabilities.

What is PhytogenX?

PhytogenX
ManufacturingCosmetics, Beauty Supply & Personal Care Products

PhytogenX operates as a contract manufacturer specializing in skin care products, boasting a substantial 110,000 sqf facility. The company's operations are underpinned by stringent certifications, including FDA, medical devices, and OTC compliance. Furthermore, PhytogenX houses a dedicated laboratory staffed by six chemists, equipped to support clients in product creation, enhancement, and reverse-engineering. This comprehensive service offering positions PhytogenX as a key player for brands seeking to develop or refine their skincare lines, emphasizing a commitment to safety and quality as foundational to client success.

How much funding has PhytogenX raised?

PhytogenX has raised a total of $2.2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.2M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.2M led by PPP

Key Investors in PhytogenX

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for PhytogenX?

The recent major strategic investment positions PhytogenX for an accelerated phase of growth and operational expansion. With its robust manufacturing infrastructure and certified laboratory capabilities, the company is well-equipped to capitalize on increasing market demand for specialized skincare products. Future endeavors will likely focus on enhancing production capacity, potentially expanding its service offerings to include more advanced formulations or packaging solutions, and solidifying its partnerships within the enterprise-level beauty and wellness sectors. This strategic backing is expected to fuel innovation and reinforce PhytogenX's competitive edge.

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Frequently Asked Questions Regarding PhytogenX Financial Insights

What are the most recent funding rounds that PhytogenX has completed, and what were the funding rounds?
PhytogenX has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 9, 2020.
What is the total amount of funding PhytogenX has raised to date?
PhytogenX has raised a total of $2.2M in funding to date.
How many funding rounds has PhytogenX completed?
PhytogenX has completed 2 funding rounds.
How much funding did PhytogenX raise in its most recent funding round?
PhytogenX raised $1.2M in its most recent funding round.
Who are the lead investors in PhytogenX's latest funding round?
The lead investor in PhytogenX's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PhytogenX's history?
The largest funding round in PhytogenX's history was $1.2M.
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