About Phoenix
Phoenix is a company based in Madison (United States) founded in 2005. It operates as a Professional Services. Phoenix has raised $32.45 million across 10 funding rounds from investors including DOE, Deerfield and BrightStar Wisconsin Foundation. The company has 118 employees. Phoenix offers products and services including Neutron Imaging, Radiation Effects Testing, and Research & Development Support. Phoenix operates in a competitive market with competitors including Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others.
- Headquarter Madison, United States
- Employees 118
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website phoenixwi.com
- Social LinkedIn X Facebook
- Legal Name Phoenix Llc
- Total Equity Funding$32.45M (USD)
in 10 rounds
- Latest Funding Round$999.78K (USD), Series B
Mar 2020
- InvestorsDOE
& 5 more
- Employee Count118
Products & Services of Phoenix
Phoenix offers a comprehensive portfolio of products and services, including Neutron Imaging, Radiation Effects Testing, and Research & Development Support.
Neutron imaging is used for internal structure analysis.
Radiation effects testing is provided for product reliability.
R&D support is offered for part qualification analysis.
Funding Insights of Phoenix
Phoenix has successfully raised a total of $32.45M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $999.78 thousand completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.45M
- Total Rounds 10
- Last Round Series B — $999,781
- First Round $591,000
(May 2012)
- Investors Count 6
All 10 funding rounds of Phoenix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $999,781 | Series B | – | – | – |
| Dec 2018 | $15M | Series B | – | – | – |
| Oct 2017 | $12M | Series A | – | Deerfield | – |
| Oct 2017 | $1.66M | Series A | – | – | – |
| Feb 2016 | $200,000 | Series A | – | – | |
| Jan 2016 | $790,686 | Debt – Conventional | – | – | – |
| Mar 2015 | $3.25M | Debt – Conventional | – | – | – |
| Nov 2014 | $2M | Seed | – | – | |
| Jul 2014 | $1M | Grant | – | – | |
| May 2012 | $591,000 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in Phoenix
Phoenix has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include DOE, Deerfield and BrightStar Wisconsin Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Healthcare ecosystem is supported through investment and innovation by Deerfield. | – | deerfield.com | New York, United States | |
- | – | vmllc.com | - | |
- | – | newcapitalfund.com | - | |
Angel investment and business incubation services are provided. | – | wisinvpartners.com | Madison, United States | |
Capital is provided to Wisconsin entrepreneurs for job creation. | – | brightstarwi.org | Milwaukee, United States | |
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | - |
Investor details for Phoenix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Phoenix
5 people are tracked at Phoenix (1 in leadership, 4 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
Ross Radel | CEO | Leadership |
Patrick Leonard | Operations Manager | Team |
Brian Frank | Facilities Manager | Team |
Amber Arnold | Lead Software Engineer | Team |
Mystery Man | Manager | Team |
Complete people profiles for Phoenix
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Phoenix
3 dated milestones of Phoenix across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Phoenix is founded.
- Funding First funding round of $591K.
- Funding Latest funding round, Series B, of $1,000K.
Competitors of Phoenix
Phoenix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| helionenergy.com | 2010 | Redmond, United States | $977.1M | 44 | Deuterium-based magnetic-nuclear fusion reactors are developed for power generation. | |
| tae.com | 1998 | Lake Forest, United States | $1.32B | 224 | FRC nuclear fusion reactors are developed using advanced beam technology. | |
| generalfusion.com | 2002 | Burnaby, Canada | $476.61M | – | Magnetized nuclear fusion reactors are developed for energy production. | |
| zapenergy.com | 2017 | Everett, United States | $327.71M | – | Nuclear energy projects are developed in Everett, United States. | |
| firstlightfusion.com | 2011 | Oxford, United Kingdom | $105.4M | 66 | Pulse-powered nuclear fusion processes are developed for energy production. | |
| shinefusion.com | 2005 | Janesville, United States | $413.58M | 255 | Nuclear isotopes are produced using fusion techniques. | |
| kyotofusioneering.com | 2019 | Uji, Japan | $119.98M | – | Provider of nuclear fusion reactor technology based on low-energy nuclear reaction technology | |
| marvelfusion.com | 2019 | Munich, Germany | $160.14M | – | Provider of quantum enhanced and laser-induced clean fusion energy solutions | |
| nt-tao.com | 2016 | Hod Hasharon, Israel | $22M | – | Hardware products for plasma heating in nuclear fusion are developed. |
Detailed competitors of Phoenix
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Phoenix
Complete news archive for Phoenix
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Similar companies to Phoenix
10 companies that operate in the same segment as Phoenix (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of energy solutions | 1925 | Juno Beach, Florida, United States | – | USD 26.53 B | 16,800 | |
Fuel and power producer in the nuclear energy sector | 2001 | United States | USD 307.86 M | – | – | |
Clean energy solutions for generation, retail, and heating are provided. | 1998 | Espoo, Finland | – | USD 5.86 B | 4,470 | |
Advanced nuclear reactors are designed for low-carbon energy solutions. | 2006 | Bellevue, Washington, United States | USD 1.46 B | – | 299 | |
Compact tokamak fusion reactors are developed with superconducting magnets. | 2018 | Cambridge, Massachusetts, United States | USD 3.93 B | – | – | |
Advanced nuclear reactors are designed, built, and operated by Newcleo. | 2021 | London, England, United Kingdom | USD 769.93 M | USD 11.38 M | – | |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation. | 2010 | Redmond, Washington, United States | USD 1.44 B | – | – | |
Energy corporation | 1903 | Newark, New Jersey, United States | – | USD 12.28 B | 13,050 | |
Energy utilities, natural gas, and communications technology are provided. | 1912 | United States | – | USD 29.55 B | 28,600 | |
FRC nuclear fusion reactors are developed using advanced beam technology. | 1998 | Lake Forest, California, United States | USD 1.32 B | – | – |
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Frequently Asked Questions about Phoenix
Phoenix was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Phoenix is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Ross Radel is the current CEO of Phoenix.
Phoenix is a funded company, having raised a total of $32.45M across 10 funding rounds to date. The company's 1st funding round was a Seed of $591K, raised on May 2012.
Phoenix has 118 employees.
Phoenix is involved in providing neutron imaging and non-destructive testing services primarily for the aerospace and defense sectors. Solutions are offered to ensure product safety, performance, and reliability of mission-critical equipment. Services include radiation effects testing and RD support for part qualification and root cause analysis. An alternative to nuclear reactor-based testing is provided, with high-resolution imaging and reduced logistical challenges. Operations are certified under ISO 9001:2015 and AS9100D standards, ensuring quality management.
Phoenix's top competitors include Helion, TAE Technologies and General Fusion.
Phoenix offers Neutron Imaging, Radiation Effects Testing, and Research & Development Support.
Phoenix has 6 investors. Key investors include DOE, Deerfield, BrightStar Wisconsin Foundation, Venture Management, and NEW Capital Fund.
Phoenix operates through Phoenix Llc.