Phytonix

About:

Phytonix is an industrial biotechnology company producing sustainable chemicals directly from carbon dioxide.

Website: http://phytonix.com/

Top Investors: Keiretsu Capital, Tech Coast Angels, Angel Forum, Keiretsu Forum Mid Atlantic

Description:

Phytonix Corporation is an industrial biotechnology company producing sustainable chemicals directly from carbon dioxide. The company’s patented process employs cyanobacteria, and it is a professional in bio-safe, direct solar chemicals and fuel production utilizing carbon dioxide as the sole feedstock and energy from the sun. Phytonix Corporation and its partners utilize a collaborative and distributed business model based upon circular economy principles, to produce a variety of renewable chemicals and biofuel from carbon dioxide, sunlight, and water via patented photobiological and genomics technology. It also produces biobutanol and biopentanol, industrial chemicals, and potential fuels to replace gasoline. Phytonix Corporation’s first product in its pipeline, n-butanol, can be used for a broad array of fuels and chemicals, including jet fuels, bio-based plastics, and synthetic rubber. Its n-butanol production process is a replacement for the fossil-based, carbon-intensive process currently used by the world’s largest chemical companies. The company seeks to eliminate the need for biomass, such as food or other crops, in both biochemical and biofuel production. Phytonix Corporation has developed engineered cyanobacterial species that secrete n-butanol in a significantly carbon-negative, photosynthetic process. The company estimates that the production cost of its biobutanol will be 1.35 U.S. dollars per gallon. It was founded in 2009 by Bruce Dannenberg and is headquartered in Asheville, North Carolina.