# Phoenix funding: rounds and investors

> Phoenix has raised $16M across 2 rounds since 2017. Investors include Deerfield and US Army. Every round with its source.

Source: https://millionrounds.com/company/phoenix (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Phoenix*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy Manufacturing

Funding summary Updated 26 Oct 2026

**$16M** raised across 2 rounds since 2017, from 2 sources

**$12M** Round **$4.0M** Round

- **Latest round:** Round, $4.0M Apr 2019
- **Biggest round:** $12M Round · Oct 2017
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019

**$12M** Round

**$4.0M** Round

- **First round:** Round, $12M
- **Biggest round:** $12M
- **Between rounds:** 18 months

## The rounds

- **Apr 2019** Round **$4.0M** *1 new* [US Army](https://millionrounds.com/fund/us-army) Reported by FinSMEs
- **Oct 2017** Round **$12M** *1 new* [Deerfield](https://millionrounds.com/fund/deerfield) Reported by FinSMEs SEC filing: $690K sold, first sale Aug 2017

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2017 **Round** 2019 [Deerfield](https://millionrounds.com/fund/deerfield) [US Army](https://millionrounds.com/fund/us-army)

## Everyone who backed them

[Deerfield](https://millionrounds.com/fund/deerfield) VC firm **1** round

[US Army](https://millionrounds.com/fund/us-army) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=phoenix).

## Quick answers about Phoenix

### Who invested in Phoenix?

Phoenix's investors include Deerfield and US Army.

### How much has Phoenix raised?

Phoenix has raised $16M across 2 rounds since 2017.

### When did Phoenix last raise?

Phoenix's most recent round was an Undisclosed round of $4.0M in Apr 2019.

### What was Phoenix's biggest round?

Phoenix's largest round on record is $12M (Undisclosed round), in Oct 2017.

### Who backed Phoenix first?

Phoenix's first round on record, in Oct 2017, was backed by Deerfield.

### What stage is Phoenix at?

Phoenix's latest named round is an Undisclosed round, in Apr 2019.

### Where is Phoenix based?

Phoenix is based in the United States.

## Companies like Phoenix

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)

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