Turkey, NC · Founded 2018 · Privately Held (backing)
Manufacturer of manure and drying systems intended to turn animal waste from farms into a renewable, low-carbon fertilizer product. Phinite is based in Turkey, NC and was founded in 2018. Its last reported valuation was $7.3 million in Jan 2024. It has raised $11.4 million across 4 recorded rounds; the latest was a $5.8 million early-stage round in Dec 2025.
Last reported valuation
$7.3M
Oct 2026
Priced at
—
Total raised
$11.4M
Last round
Early Stage VC
Dec 2025
Cap table — not yet on record
Phinite's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 12 names
·Watch Phinite: the Monday email on marks, rounds and moves