When was Phoenix founded?

Phoenix was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Where is Phoenix located?

Phoenix is headquartered in Madison, United States. It is registered at Racine, Wisconsin.

How many employees does Phoenix have?

As of Apr 30, 2026, the latest employee count at Phoenix is 28.

Is Phoenix a funded company?

Phoenix is a funded company, having raised a total of $30.8M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 21, 2012.

When was the latest funding round of Phoenix?

Phoenix's latest funding was a $***** Series B round on Mar 23, 2020, with participation from 0 investor.

Where does Phoenix rank among its competitors?

Phoenix ranks 19th amongst 70 active competitors, of which 32 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Xcimer, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Phoenix?

Phoenix's top competitors include General Fusion, CFS and TAE Technologies. Among them, Xcimer secured the most recent funding round in September, 2026.

Phoenix - 2026 Company Profile, Team, Funding & Competitors

Company Details

Neutron radiography and imaging solutions for aerospace, defense, and industrial sectors. They provide nondestructive testing services using neutron imaging, a technique that reveals the internal structure of components without damage. This is crucial for quality assurance, failure analysis, and research and development. They offer a reliable alternative to reactor-based facilities, providing high-resolution imaging with greater flexibility and reduced overhead. Their services support manufacturers in delivering safe, high-quality products across various industries. They are certified and compliant with industry standards, including AS9100D and ITAR, ensuring quality and security. They empower reliable, agile suppliers of safe, high-performing products.

Website: phoenixwi.com
Social
Email ID: *****@phoenixnuclearlabs.com
Phone Number: +1 **********
Registered Address: Racine, Wisconsin

Key Metrics

Founded Year

2005

Location

Madison, United States

Stage

Series B

Total Funding

$30.8M in 9 rounds

Latest Funding Round

Series B, Mar 23, 2020, $*****

Investors

Deerfield & 7 more

Ranked

19^th among 70 active competitors

Employee Count

28 as on Apr 30, 2026

Similar Companies

General Fusion & 11 more

View Phoenix's full profile

Phoenix is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Phoenix Nuclear Labs, Llc CIN: 203361665 , United States, Active	Dec 31, 1999	-	104 (As on Dec 31, 2020)	-

Phoenix has raised a total funding of $30.8M over 9 rounds. Its first funding round was on May 21, 2012. Phoenix has 8 institutional investors.

Here is the list of recent funding rounds of Phoenix:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 23, 2020	3709019	Series B	9783592	3430570	5462329	2564545
Dec 31, 2018	9583017	Series B	6949530	7411251	1306689	6935306
Oct 06, 2017	8894037	Series A	1017136	4008860	Deerfield	6231498

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View details of Phoenix's funding rounds and investors

The founders of Phoenix is Gregory Piefer.

Here are the details of Phoenix's key team members:

Gregory Piefer: Former Founder & President of Phoenix.

View details of Phoenix's Founder profiles and Board Members

Phoenix's employee count trend

Phoenix has 28 employees as of Apr 26. Here is Phoenix's employee count trend over the years:

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Top competitors of Phoenix include General Fusion, CFS and TAE Technologies. Here is the list of Top 10 competitors of Phoenix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	General Fusion 2002, Burnaby (Canada), Public	Magnetized nuclear fusion reactor developer	$515M	Chrysalix Venture Capital, GIC & 44 others	68/100
2nd	CFS 2018, Cambridge (United States), Series C	Provider of tokamak nuclear fusion reactors	$4B	Temasek, Eni Next & 69 others	66/100
3rd	TAE Technologies 1998, Lake Forest (United States), Series G	Developer of FRC nuclear fusion reactors	$1.32B	Goldman Sachs, Vulcan Capital & 20 others	65/100
4th	Zap Energy 2017, Everett (United States), Series D	Developer of modular nuclear systems integrating fission and fusion technologies	$330M	Soros Fund Management, Chevron Technology Ventures ... & 16 others	63/100
5th	Xcimer 2021, Redwood City (United States), Series A	Developer of laser technology for commercial inertial fusion energy systems	$100M	Hedosophia, Wireframe Ventures & 9 others	63/100
6th	LIS Technologies 2023, New York City (United States), Series A	Provider of laser isotope separation technologies optimized for uranium (HALEU) power generation	$71.6M	28 Ventures, Innovating Capital & 2 others	62/100
7th	nT-Tao 2016, Hod Hasharon (Israel), Series A	Company is a developer of a hardware products for plasma heating	$28M	Mitsui Sumitomo Insurance Venture Capital, Next Gear Ventures ... & 8 others	60/100
8th	Helion 2010, Everett (United States), Series G	Provider of deuterium fuel-based magnetic-nuclear fusion reactor	$1.44B	Mithril, Thrive Capital & 23 others	60/100
9th	SHINE Technologies 2005, Janesville (United States), Series D	Producer of nuclear isotopes using fusion techniques	$654M	Fidelity Investments, Deerfield & 16 others	60/100
10th	Proxima Fusion 2023, Munich (Germany), Series A	Developer of fusion power plants	$211M	XTX Ventures, UVC Partners & 43 others	60/100
19th	Phoenix 2005, Madison (United States), Series B	Neutron radiography and imaging solutions for aerospace, defense, and industrial sectors	$30.8M	Deerfield, Venture Management & 6 others	49/100