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Innovation Platform

Phospholutions, Inc.

Founded in 2016State College, United States
Nutrients Phosphorus related
Technologies Other Fertilizer efficiency technology

At Phospholutions, we believe sustainable production and responsible use of phosphorus is critical to meet the needs of a global food system. Since 2016, Phospholutions has been focused on developing and commercializing technologies to increase fertilizer efficiency and affordability while minimizing the environmental impact of phosphorus use. Our patented fertilizer additive, named RhizoSorb, is incorporated upstream into fertilizer production to reduce application rates by up to 50% while maintaining yields.

Your IFA Innovation Platform Profile

What collaboration are we looking for?

Investment, Production, and Distribution.

What solutions and opportunities are we offering?

Co-development, Licensing.

Additional geographies of business operation

Europe, North America, Latin America

Maturity / funding

Series B

Additional Information

Funding received ($) and name of funders

$36,193,500.00

... of which equity investment

$35,971,000

... of which grants

Pennsylvania Department of Agriculture - $122,500, US EPA SBIR - $100,000

Expected opening of next investment round

2025

Expected funding sought from next investment round

35,000,000 USD

Intellectual property & regulation

What is the IP status of your innovation(s)?

Phospholutions has a robust patent portfolio that includes exclusively licensed patents from the Penn State Research Foundation as well as 9 independent patent families. The company also has a suite of trademarks and is actively protecting trade secrets related to the technology.

What regulatory approvals are you currently seeking, or have already been achieved?

Phospholutions has registered its product in most of the United States, with registration in all 50 states anticipated in the coming months. Canadian registration is underway, with an anticipated approval date in April 2025, as is EU REACH which should receive approval on a similar timeline.

Contact details

Mr Hunter Swisher
CEO
8143803410