Phynova Group
Office 3 Magenta 2 Brookhill Way Banbury, Banbury, Oxfordshire, OX16 3ED, United Kingdom
Overview
Phynova is an Oxford-based developer of natural healthcare products built around proprietary plant-derived ingredients, foremost among them Reducose. Reducose is a patent-protected ingredient derived from white mulberry leaves that reduces absorption of sugars and other carbohydrates by up to 40% and has undergone safety and human efficacy testing. It can be added to foods and drinks at manufacture or taken as a food supplement. Phynova is working to fulfil significant commercial orders for Reducose in Europe, China and North America. The company has had a formal collaboration agreement with DSM since 2018 and recently secured new financing to support commercial progress. The funding round and strategic partnership aim to accelerate Reducose’s move to commercial success.
- Total raised
- $11M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- May 2020
Industries
- Biotechnology
- Fitness
- Health Care
- Wellness
Recent funding
Equity
May 2020
$11M