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INDUSTRIAL | Basic Materials
phosphonics.com

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Stage

Series B | Alive

Total Raised

$5.75M

Last Raised

$5.75M | 12 yrs ago

About PhosphonicS

PhosphonicS uses solid inorganic materials to enhance manufacturing processes in the chemical and pharmaceutical industries. The company's chemistry and engineering expertise allow them to tackle a broad range of applications at scale - from the removal of precious metals from chemical, refining and mining streams in the industrial setting to enabling higher purity pharmaceuticals, flavours and fragrances through trace metal extraction, or as heterogeneous catalysts.

PhosphonicS Headquarter Location

Milton Park, Abingdon 44C Western Avenue

Oxfordshire, England, OX14 4RU,

United Kingdom

+44 (0) 1235 834466

Latest PhosphonicS News

PE HUB » PhosphonicS Raises £3.5 Million

Feb 16, 2015

Friends (1) April 13, 2010    22 Views    0 Comments PhosphonicS, a UK-based developer of precious metal scavenger products, has raised £3.5 million in second-round funding. Seventure Partners led the round, and was joined by return backers like Regents Park Partners. PhosphonicS is a spinout from Queen Mary University of London. PRESS RELEASE PhosphonicS, a spin out from Queen Mary University of London which uses proprietary chemistry to make novel materials has secured second round financing of £3.5m (US$5.75m). ·        The investment was led by Seventure Partners with additional participation from existing backers Regents Park Partners, a LBS venture capital fund, and private investors. ·        The new capital will be used principally to fund the global market development of a range of precious metal catalyst recovery products. Currently these extremely expensive metals such as platinum, rhodium and palladium are lost in dilute, low parts per million waste streams. ·        PhosphonicS new precious metal scavenger products make economic recovery of these valuable metals possible thereby eliminating waste and improving process economics. Oxford, 13th April 2010 – Phosphonics announced today that it has received an additional £3.5m (US$5.75m) million funding. This new capital will allow the company to expand its core team, accelerate the launch of the precious metal scavenger product range in numerous international markets, and continue the development of further industrial applications based on the company’s proprietary chemistry to make functionalised silicas. This second round funding was led by pan-European venture capital firm Seventure Partners. This is the first time that Seventure has invested in the UK. Existing investors participated in the round. “The success of this funding round is a great vote of confidence in our unique technology and the dedication and enthusiasm of the team that has been developing since the company was spun out of Queen Mary University of London,” said David Astles, PhosphonicS’ CEO. “Our most recent results from successful plant scale trials clearly demonstrate the potential of our technology and have caught the interest of customers and potential partners throughout our target markets. We are very excited by the prospects and look forward to building the precious metal recovery business and new applications for our materials.” Nick Cross, Chairman, said “With this new financing we will be able to accelerate the commercial development of our proprietary functional silica chemistry platform. It is very encouraging to have secured investment from a new value-add investor, such as Seventure when venture capital funding in the UK is so very scarce.” Seventure General Partner, Isabelle de Cremoux, said “PhosphonicS is an exciting company based around a novel chemistry platform. The company has already sold its scavengers commercially. With technology and market potential already validated through customer traction, PhosphonicS represents a compelling investment opportunity for us in the Cleantech area. PhosphonicS is Seventure’s first investment in the UK and we look forward to working with David and other members of this entrepreneurial executive team.” Iain Wilcock of Seventure will join PhosphonicS’ Board of Directors. Wilcock comes to PhosphonicS with extensive experience of Healthcare and Cleantech investing. He has previously served as a non-executive director of a number of companies, including Avidex, Oxxon Therapeutics, Xention, and Vivacta. He also represents Seventure on the Board of BiancaMed, Dublin.  

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Expert Collections containing PhosphonicS

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PhosphonicS is included in 2 Expert Collections, including Advanced Materials.

A

Advanced Materials

1,228 items

Startups developing new or improved materials (chemicals, alloys, etc.) that provide physical or functional advantages to basic materials.

O

Oil & Gas Tech

439 items

This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).

PhosphonicS Patents

PhosphonicS has filed 7 patents.

The 3 most popular patent topics include:

  • Amines
  • Phenols
  • Coupling reactions
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/28/2013

12/31/2019

Catalysis, Organometallic chemistry, Chemical reactions, Organic reactions, Chemical processes

Grant

Application Date

11/28/2013

Grant Date

12/31/2019

Title

Related Topics

Catalysis, Organometallic chemistry, Chemical reactions, Organic reactions, Chemical processes

Status

Grant

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