Phycin, Inc.
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Phycin, Inc. - overview
Established
2013
Location
Frederick, MD, US
Primary Industry
Biotechnology
About
Based in Maryland, US, and founded in 2013, Phycin, Inc. , a. k. a.
Phycin operates as a biotechnology company that leverages algae to produce growth factors for various applications, such as regenerative medicine, cultivated meat, cosmetics and more. In June 2024, Phycin, Inc. raised USD 0. 2 million in seed funding from TEDCO.
As of June 2024, Jun Wang is the CEO of the company. Phycin’s products cater to multiple industries, including eye care, cell culture media, and clean meat production. For eye care, Phycin offers a novel therapy for corneal injuries, addressing the lack of approved treatments for such conditions. In cell culture media, Phycin’s algae-based growth factors optimize cell growth, differentiation, and proliferation, crucial for regenerative medicine and biomedical research.
For clean meat production, Phycin provides food-grade growth factors that are safe, versatile, and economically viable, supporting the commercial production of lab-grown meat. The company plans to use its proceeds from June 2024 funding to expand its market reach and improve research and development efforts.
Current Investors
TEDCO
Primary Industry
Biotechnology
Sub Industries
Biotechnology
Website
www.phycin.com
Verticals
Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
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