Phylos Raises $7.6M in Funding
- Phylos, a Portland, OR-based crop science company developing Cannabis and hemp genetics, raised $7.6M in funding
- The round was led by Merida Capital Holdings, Accomplice and Entourage Effect Capital
- In conjunction with the funding, Mina Mishrikey, Senior Partner at Merida, will be joining the company’s board of directors
- The company intends to use the funds to expand sales and marketing efforts for its market-validated Cannabis and hemp genetics
- The company is a crop science company developing advanced Cannabis and hemp genetics
- The company also provides no-cost technology licensing for academic institutions and non-profits, specifically for research purposes