Richmond’s Phlow sets out to raise $50M


Richmond pharmaceutical company Phlow Corp. is looking to raise up to $50 million in outside funding, according to a Securities and Exchange Commission filing.

Phlow has so far raised $24.2 million from 11 investors toward a Series B round, according to the early September filing. The round puts Phlow’s pre-money valuation at $230 million, according to PitchBook.

We’ve reached out to Phlow for comment and will update this post when we hear back.

Phlow, co-founded in early 2020 by Eric Edwards…

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