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Avalo Funding & Investors

Durham, NC

Avalo is a plant biology company that harnesses interpretable machine learning, genomic discovery, and evolutionary theory to rapidly design new crops for the future of agriculture. Their process uses AI-assisted plant breeding, so all products are non-GMO and support the natural diversity of the world around us. The technological core of Avalo isa discovery engine that can identify the genetic underpinnings of complex traits with minimal training. In turn, these findings are leveraged into high-precision, low-cost simulations and forecasts. Even in understudied crops, Avalo can reduce the time that it takes to produce new crops by years and reduce the cost by an order of magnitude.

avalo.ai

Total Amount Raised: $3,900,000

Avalo Funding Rounds

  • Convertible Note

    $750,000

    Convertible Note Investors

    Alexandria Venture Investments
  • Seed

    $2,900,000

    Seed Investors

    Better Ventures
    Giant Ventures
    SOSV
    At One Ventures
  • Convertible Note

    $250,000

    Convertible Note Investors

    SOSV
    IndieBio
Funding info provided by Diffbot.