Phinite

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

Who backs Phinite?

12 investors
InvestorType
NC Tweener FundVenture capital
Serra VenturesVenture capital
Ag Ventures AllianceVenture capital
NC IdeaOther
Fox VenturesOther
Closed Loop PartnersPE / buyout
RIoT AcceleratorOther
Ag Startup Engine—
AgLaunch—
Innova Memphis—
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Phinite investors

12 investors are on record for Phinite, including NC Tweener Fund, Serra Ventures, Ag Ventures Alliance and NC Idea. The early-stage round in Dec 2025 drew 12 investors.

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