About Phyx44
Phyx44 is a Consumer company based in Bengaluru (India) founded in 2021 by Bharath Bakaraju. It operates as a provider of genetic breeding service to cattle farms. Phyx44 has raised $4.83 million across 3 funding rounds from investors including Shiok Meats, BCG and PeerCapital. The company has 24 employees. Phyx44 was last valued at $16.38 million in September 2024. Its chief executive is Bharath Bakaraju. Its Indian entity Phyx44 Labs Private Limited reported revenue of ₹1.92 Cr. Phyx44 offers products and services including Cell-derived Dairy Alternatives. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Ingredients.
Company details
Phyx44 was founded in 2021 and is based in Bengaluru, India. Services in the agritech sector are focused on genetic breeding for cattle farms. Cell-derived alternatives that mimic natural products are developed from cow genes. These efforts support food production needs amid population growth. Operations emphasize practical genetic solutions for sustainable agriculture in the livestock industry.
- Headquarters Bengaluru, India
- Employees 24
- Founders Bharath Bakaraju
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Website phyx44.com
- Social LinkedIn
- Legal Name Phyx44 Labs Private Limited
- Date of Incorporation 24 May, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹1.92 Cr
FY 2025 · -50% YoY
- Net Loss-₹27.6 Lakh
FY 2025 · -14% margin
- EBITDA-₹23.1 Lakh
FY 2025 · -12% margin
- Total Equity Funding$4.83M (USD)
in 3 rounds
- Latest Funding Round$3.55M (USD), Seed
Sep 2024
- InvestorsShiok Meats
& 22 more
- Employee Count24
Associated legal entities of Phyx44
Phyx44 operates through Phyx44 Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Phyx44 Labs Private Limited CIN U15540KA2021PTC147784 | Active | 24 May 2021 | Bengaluru, Karnataka | ₹1.9 Cr | 24 | 2 | View details |
Products & Services of Phyx44
Phyx44 offers a comprehensive portfolio of products and services, including Cell-derived Dairy Alternatives.
Replicates dairy taste using genes and microorganisms for zero carbon footprint options.
Funding Insights of Phyx44
Phyx44 has successfully raised a total of $4.83M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.55 million completed in September 2024. 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 $4.83M
- Total Rounds 3
- Last Round Seed — $3.55M
- First Round $74,461
(Jun 2021)
- Investors Count 23
All 3 funding rounds of Phyx44 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 |
|---|---|---|---|---|---|
| Sep 2024 | $3.55M | Seed | $16.38M | Ideaspring Capital | |
| Nov 2022 | $1.2M | Seed | – | Better Bite, Ahimsa | |
| Jun 2021 | $74,461 | Angel Round | $1.52M | Layacharan Sandadi, Sujith Kumar Padiginati |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2024 | $16.38M | •••••••• |
| Jun 2021 | $1.52M | •••••••• |
Last known valuation $16.38M (Sep 2024). 23 investors in total: 11 institutional and 12 angel.
Investors in Phyx44
Phyx44 has secured backing from 23 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Shiok Meats, BCG and PeerCapital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Avaana Capital is engaged in venture capital investments for deep tech startups. | – | avaanacapital.com | Mumbai, India | |
Early-stage investments are provided to technology startups by Ideaspring Capital. | – | ideaspringcap.com | Bengaluru, India | |
Investing in food, agriculture, and climate tech startups in Asia Pacific. | – | betterbite.vc | - | |
Early-stage technology sectors are targeted for investments by Ahimsa. | – | ahimsa.vc | Bengaluru, India | |
Spectrum Impact is engaged in solving societal issues through investments. | – | spectrum-impact.org | Mumbai, India | |
Venture capital firm investing in seed to Series A startups across FinTech, Health-Tech, and other tech sectors, based in India. | 2022 | peercapital.in | Bengaluru, India | |
Investments are directed toward plant-based food innovations and technologies. | – | bigideaventures.com | New York, United States | |
Offers financial advisory services including planning, analysis, and wealth management. | 2014 | md.partners | Mexico City, Mexico | |
Provider of business consulting & strategy, and risk management services | 1963 | bcg.com | Boston, United States | |
Lab-cultured meat and seafood products are manufactured and supplied. | 2018 | shiokmeats.com | Singapore, Singapore |
Investor details for Phyx44
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Phyx44 Labs Private Limited (Phyx44)
Phyx44 Labs Private Limited is the primary company behind Phyx44. The board of Phyx44 Labs Private Limited currently have 2 directors; the longest-serving is Bharath Bakaraju, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharath Bakaraju DIN 06648050 | Director | 24 May 2021 | 5 yrs 4 mo | Phyx44 Labs Private Limited |
| Shweta Agrawal DIN 03433887 | Director | 24 May 2021 | 5 yrs 4 mo | Phyx44 Labs Private Limited |
People of Phyx44
5 people are tracked at Phyx44 (2 in leadership, 3 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Vanita Uppada | Scientific Director | Leadership |
Hritika Solanki | Scientist II | Team |
Sambhaji Chavan | Senior Principal Scientist | Team |
Harsha Pandey | Scientist III | Team |
Complete people profiles for Phyx44
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Phyx44
Figures of Phyx44 Labs Private Limited, the primary company behind Phyx44, for FY 2025. Revenue was ₹1.92 Cr (-50% year on year). Net loss was -₹27.6 Lakh (-14% margin). EBITDA was -₹23.1 Lakh (-12% margin). Revenue has grown at a compounded annual rate of +43% over three years.
- ₹1.92 CrRevenue · FY 2025 · -50% YoY
- -₹27.6 LakhNet loss · -14% margin
- -₹23.1 LakhEBITDA · -12% margin
- ₹1.3 LakhPaid-up capital
- 24Employees (provident fund records)
- +43%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Phyx44 Labs Private Limited are on its company page.
Detailed financial statements for Phyx44
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Phyx44
4 dated milestones of Phyx44 across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Phyx44 is founded.
- Funding First funding round of $74K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.6M.
Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Phyx44 (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 592.4 M | – | 16,949 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Phyx44
Complete news archive for Phyx44
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Frequently Asked Questions about Phyx44
Phyx44 was founded in 2021.
Phyx44 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bharath Bakaraju is the current CEO of Phyx44. They have also founded this company.
Phyx44 is a funded company, having raised a total of $4.83M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $74.46K, raised on Jun 2021.
Phyx44 has 24 employees.
The primary company behind Phyx44, Phyx44 Labs Private Limited, reported revenue of ₹1.92 Cr for FY 2025, down 50% year on year.
Phyx44 was founded in 2021 and is based in Bengaluru, India. Services in the agritech sector are focused on genetic breeding for cattle farms. Cell-derived alternatives that mimic natural products are developed from cow genes. These efforts support food production needs amid population growth. Operations emphasize practical genetic solutions for sustainable agriculture in the livestock industry.
Phyx44 offers Cell-derived Dairy Alternatives.
Phyx44 has 23 investors. Key investors include Shiok Meats, BCG, PeerCapital, Sharad Sharma, and Avaana Capital.
The valuation of Phyx44 is $16.38M as of Sep 2024.
Phyx44 operates through Phyx44 Labs Private Limited.
The legal entities of Phyx44 currently have 2 directors, including Bharath Bakaraju, Shweta Agrawal.