Phuc Labs

Boston, United States Founded: 2020 • Age: 6 yrs
AI-based platform offering electronic waste recycling solutions
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About Phuc Labs

Phuc Labs is a company based in Boston (United States) founded in 2020.. Phuc Labs has raised $150 thousand across 2 funding rounds from investors including Ideaship and URBAN-X. Phuc Labs operates in a competitive market with competitors including Apkudo, Nth Cycle, Regenx, Ronin8 Technologies and Igneo, among others.

  • Headquarter Boston, United States
  • Sectors
    Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
    $465.03 K
    0
    as on Dec 31, 2022
  • Net Profit
    $-709.81 K
    -32
    as on Dec 31, 2022
  • EBITDA
  • Total Equity Funding
    $150 K (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Ideaship

    & 1 more

  • Employee Count
    Employee Count
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Funding Insights of Phuc Labs

Phuc Labs has successfully raised a total of $150K across 2 strategic funding rounds. 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
  • Total Rounds 2
  • Last Round
  • First Round

    (20 Sep 2021)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2023 Amount Seed - Phuc Labs Valuation Ideaship
Sep, 2021 Amount Seed - Phuc Labs Valuation URBAN-X
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Phuc Labs

Phuc Labs has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ideaship and URBAN-X. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage ventures are funded by Ideaship VC fund.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Phuc Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Phuc Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Phuc Labs Comparisons

Employees
+
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Competitors of Phuc Labs

Phuc Labs 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 Apkudo, Nth Cycle, Regenx, Ronin8 Technologies and Igneo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automated tools for e-waste operational planning and analytics are offered.
domain founded_year HQ Location
Critical minerals are recovered from e-waste via electro-extraction technology.
domain founded_year HQ Location
Precious metals are recovered from end-of-life materials via clean-tech solutions.
domain founded_year HQ Location
Electronic waste management services are provided by Ronin8 Technologies.
domain founded_year HQ Location
Provider of metal recycling solutions provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Phuc Labs

Frequently Asked Questions about Phuc Labs

When was Phuc Labs founded?

Phuc Labs was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Phuc Labs located?

Phuc Labs is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Phuc Labs a funded company?

Phuc Labs is a funded company, having raised a total of $150K across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Sep 20, 2021.

What is the annual revenue of Phuc Labs?

Annual revenue of Phuc Labs is $465.03K as on Dec 31, 2022.

What does Phuc Labs do?

Phuc Labs was founded in 2020 in Boston, United States, within the environmental technology sector. An AI-based platform is provided for electronic waste recycling. Robotics and Vision Valve technology are employed to identify, separate, and reclaim particles from water, streamlining waste processing operations. Services target sustainable material recovery for industrial and municipal applications.

Who are the top competitors of Phuc Labs?

Phuc Labs's top competitors include Apkudo, Nth Cycle and Regenx.

Who are Phuc Labs's investors?

Phuc Labs has 2 investors. Key investors include Ideaship, and URBAN-X.

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