PHAXTEC, Inc.
Nature‘s Materials.
Nature‘s Materials.
PHAXTEC, Inc. is an advanced materials startup with a mission to commercialize and market novel natural materials based on PolyHydroxyAlkanoates (PHA). These materials are recyclable, marine biodegradable, and home and industrially compostable. PHA has the potential to replace over 50% (210 million tons) of the world's fossil plastics in various sectors including packaging, personal care, agriculture, textiles, sports equipment, automotive, and electrical and electronics. The company was founded in 2019 and is headquartered in the United States. Their last investment of $75.00K was received as a grant on 22 September 2022 through the One North Carolina Small Business Program. PHAXTEC's focus on renewable energy and sustainable materials positions them as a promising player in the industry, with the potential to make a significant impact on reducing the reliance on fossil plastics. With a strong emphasis on nature's materials, the company is aligning with the increasing demand for environmentally friendly solutions.
Imprinthttps://www.phaxtec.com/imprint/
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $75.00K | 1 | One North Carolina Small Business Program | 22 Sep 2022 |
| Grant | $256.00K | 1 |
|
23 Mar 2022 |
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