Tech Company Financing Transactions
Enko Funding Round
On 1/31/2023, Enko secured $80 million in Series C financing from Akroyd, Eight Roads and Endeavor8.
Transaction Overview
Company Name
Announced On
1/31/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to advance its product pipeline of novel crop protection chemistries and provide critical solutions for large scale global food security challenges.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
62 Maritime Dr
Mystic, CT 06355
USA
Mystic, CT 06355
USA
Phone
Undisclosed
Website
Email Address
Overview
We believe that creating the future the world wants, requires changing how the world grows. We believe that creating the future the world wants requires changing how the world grows. That's why Enko discovers and develops novel products for farmers to protect their crops from pests and disease. Our discovery platform, ENKOMPASS�, uses DNA-encoded libraries, AI, Structure-Based Design, and Machine Learning to find and select the right treatments for the right targets faster and more effectively than traditional R&D methods. By providing farmers with new tools to grow their crops successfully and sustainably, we hope to open the door for increased adoption of other data-driven and emerging technologies in agriculture.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jacqueline Heard
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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