About PhycoWorks
PhycoWorks is a company based in London (United Kingdom) founded in 2021.. PhycoWorks has raised $187.21 thousand across 1 funding round. The company has 3 employees as of June 30, 2022. PhycoWorks offers products and services including Algae-based Products and Production Processes.
- Headquarter London, United Kingdom
- Employees 3 as on 30 Jun, 2022
- Stage Minicorn
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Sectors
Agriculture
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Email
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Phone
*********
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Website
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Social
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- Legal Name Phycoworks Ltd
- Date of Incorporation 10 Jun, 2021
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$187.21 K (USD)
in 1 rounds
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Latest Funding Round
$187.21 K (USD), Seed
Sep 29, 2022
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Investors
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Employee Count
3
as on Jun 30, 2022
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Products & Services of PhycoWorks
PhycoWorks offers a comprehensive portfolio of products and services, including Algae-based Products and Production Processes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts waste into valuable products using algae for industries.
Develops reliable processes via synthetic biology for bioeconomy.
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Funding Insights of PhycoWorks
PhycoWorks has successfully raised a total of $187.21K through 1 strategic funding round. The most recent funding activity was a Seed round of $187.21 thousand completed in September 2022. 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 Funding
- Total Rounds 1
- Last Round Seed — $187,206
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First Round
First Round
(29 Sep 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - PhycoWorks | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PhycoWorks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PhycoWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Phycoworks Comparisons
Competitors of PhycoWorks
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PhycoWorks
When was PhycoWorks founded?
PhycoWorks was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is PhycoWorks located?
PhycoWorks is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is PhycoWorks a funded company?
PhycoWorks is a funded company, having raised a total of $187.21K across 1 funding round to date. The company's 1st funding round was a Seed of $187.21K, raised on Sep 29, 2022.
How many employees does PhycoWorks have?
As of Jun 30, 2022, the latest employee count at PhycoWorks is 3.
What does PhycoWorks do?
PhycoWorks was founded in 2021 and is based in London, United Kingdom. Operations focus on the biotechnology sector, where solutions for algae producers are provided to optimize production processes. Artificial intelligence is utilized to enhance efficiency, while synthetic biology techniques are applied to maximize algae yields. Services target multiple producers in the algae cultivation industry.
What products or services does PhycoWorks offer?
PhycoWorks offers Algae-based Products and Production Processes.
What is PhycoWorks's valuation?
The valuation of PhycoWorks is $6.35M as of Sep 2022.