Avalo is a plant biotech company using AI and evolution to make a more sustainable and resilient food system.
Business Model:
Revenue: $0
Employees: 11-50
Address: 1501 Hollywood Street
City: Durham
State: NC
Zip: 27701
Country: US
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 is a 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.
Contact Phone:
+19196278065
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2021 | Convertible Note | 1 | $250k |
SOSV IndieBio SOSV |
3/2021 | Convertible Note | 2 | $250k |
IndieBio SOSV IndieBio SOSV |
1/2022 | Convertible Note | 2 | $750k |
Alexandria Venture Investments Schox Patent Group Alexandria Venture Investments Schox Patent Group |
1/2022 | Venture Round | $500k |
At One Ventures |
7/2021 | Venture Round | 4 | $2.9M |
At One Ventures Better Ventures Giant Ventures SOSV At One Ventures Better Ventures Giant Ventures SOSV |
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