Avalo

About:

Avalo is a plant biotech company using AI and evolution to make a more sustainable and resilient food system.

Website: https://www.avalo.ai

Twitter/X: avalo_ai

Top Investors: IndieBio, SOSV, Alexandria Venture Investments, At One Ventures, Better Ventures

Description:

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.

Total Funding Amount:

$3.9M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Durham, North Carolina, United States

Founded Date:

2020-01-20

Contact Email:

info(AT)avalo.ai

Founders:

Brendan Collins, Mariano Alvarez

Number of Employees:

11-50

Last Funding Date:

2024-05-21

IPO Status:

Private

Industries:

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