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Enko Completes Its $80M Series C To Progress Sustainable Crop Solutions For World Food Security

PRIVATEJan 31, 2023

Amount Raised

$80 Million

Round Type

Series C

MysticBiotechnologyAgriculture and Farming

Investors

SyngentaBayerAkroyd LLCEndeavor8NufarmEight Roads Ventures

Description

Enko, the crop health company, today announced that it has raised additional funding from Eight Roads Ventures (a global proprietary investment firm backed by Fidelity), Nufarm, Endeavor8, and Akroyd LLC. This raise, which follows Enko's initial close of $70 million in July 2022, brings the company's overall capital raised to date to $150 million. Enko will use the new funds to advance the company's product pipeline of novel crop protection chemistries and provide critical solutions for large scale global food security challenges.

Quick answer

Enko Chem raised $80 Million in a Series C round, dated January 31, 2023. Investors: Syngenta, Bayer, Akroyd LLC, Endeavor8, Nufarm and Eight Roads Ventures. Enko Chem is based in Mystic, Connecticut, United States.

How much did Enko Chem raise?
Enko Chem raised $80 Million in a Series C round on January 31, 2023.
Who invested in Enko Chem?
Syngenta, Bayer, Akroyd LLC, Endeavor8, Nufarm and Eight Roads Ventures are named as investors in this round.
What does Enko Chem do?
Enko designs safe and sustainable solutions to farmers’ biggest crop threats today, from pest resistance to new diseases.
Where is Enko Chem based and how big is it?
Enko Chem is based in Mystic, Connecticut, United States.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Biotechnology around the same time

Companies in the same sectors as Enko Chem that raised within 45 days of this round, from Fundz verified event records.

  • Chromologics raised an undisclosed amount (Seed) on March 6, 2023.
  • 22nd Century raised $21M (Debt Financing) on March 3, 2023.
  • 1606 Corp raised $20M (Funding Round) on February 16, 2023.
  • UPP raised $653K (Seed) on January 26, 2023.
  • PBS Biotech raised $22M (Funding Round) on January 9, 2023.
  • ASP Isotopes raised $5M on March 17, 2023.

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Company Information

Company

Enko Chem

Location

62 Maritime Drive

Mystic, Connecticut, United States

About

Enko designs safe and sustainable solutions to farmers’ biggest crop threats today, from pest resistance to new diseases. By applying the latest drug discovery and development approaches from pharma to plants, Enko is bringing an innovation model to agriculture and meeting farmers’ evolving needs. Founded in 2017 and led by a team of proven scientists, entrepreneurs and agriculture industry veterans, Enko is backed by investors including the Bill & Melinda Gates Foundation, Anterra Capital, Finistere Ventures, Novalis LifeSciences, Germin8 Ventures, TO Ventures Food, and Rabo Food & Agri Innovation Fund.

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Enko Chem raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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