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Enveda secures $55 million in Series B extension to integrate ancient remedies with AI for drug discovery.

PRIVATEJun 14, 2024

Amount Raised

$55 Million

Round Type

Series B

BoulderOtherBiotechnology

Investors

JAZZ Venture PartnersLevel VenturesFpvTrue VenturesKinnevikLingotto Investment FundPremji InvestThe Nature ConservancyMicrosoft

Description

Enveda announced a $55 million Series B extension from new investors to integrate ancient remedies with AI to discover new drugs. The latest funding round brings Enveda’s total capital to $230 million and involves contributions from both new and existing investors.

Quick answer

Enveda Therapeutics, Inc. raised $55 Million in a Series B round, dated June 14, 2024. Investors: JAZZ Venture Partners, Level Ventures, Fpv, True Ventures, Kinnevik, Lingotto Investment Fund, Premji Invest and The Nature Conservancy. Enveda Therapeutics, Inc. is based in Boulder, Colorado, United States.

How much did Enveda Therapeutics, Inc. raise?
Enveda Therapeutics, Inc. raised $55 Million in a Series B round on June 14, 2024.
Who invested in Enveda Therapeutics, Inc?
JAZZ Venture Partners, Level Ventures, Fpv, True Ventures, Kinnevik, Lingotto Investment Fund, Premji Invest and The Nature Conservancy are named as investors in this round.
What does Enveda Therapeutics, Inc. do?
Enveda Biosciences is a biotechnology company building the first high-resolution chemical map of the natural world to tackle the toughest problems in drug discovery.
Where is Enveda Therapeutics, Inc. based and how big is it?
Enveda Therapeutics, Inc. is based in Boulder, Colorado, United States. Fundz records about 387 employees.
Who are the decision-makers at Enveda Therapeutics, Inc?
Fundz holds 5 contacts at Enveda Therapeutics, Inc., including the Associate Director Operations. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Melt&Marble raised $3M (Funding Round) on July 29, 2024.
  • Chemomab Therapeutics Ltd raised $10M on July 29, 2024.
  • Schrodinger, Inc. raised $10M (Grant) on July 29, 2024.
  • Spear Bio raised $45M (Series A) on July 29, 2024.
  • CEL-SCI Corporation raised $11M (Debt Financing) on July 29, 2024.
  • LinusBio raised $6.1M on July 29, 2024.

Who to call at Enveda Therapeutics, Inc., and when

A new round usually means Enveda Therapeutics, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Enveda Therapeutics, Inc. raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Enveda Therapeutics, Inc.

Location

5777 CROWNTREE LANE APT 202

Boulder, Colorado, United States

About

Enveda Biosciences is a biotechnology company building the first high-resolution chemical map of the natural world to tackle the toughest problems in drug discovery. Enveda’s platform is the world’s most advanced drug discovery search engine for dark chemical space, building on years of cutting-edge advancements at the intersection of metabolomics and machine learning. Complementing its breakthrough technology, Enveda’s team includes seasoned drug hunters with decades of experience in the pharmaceutical industry working alongside world-leading data scientists. For more information on Enveda, visit envedabio.com.

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Fundz sees it the moment Enveda Therapeutics, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsSunil K., Associate Director Operations hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Enveda Therapeutics, Inc. 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.