HomeFinTechPhylos: Raises $7.6M in Funding

Phylos: Raises $7.6M in Funding

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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
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