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Enveda Biosciences raised $311M in Series E funding to advance its AI-designed drug pipeline through clinical trials.
PRIVATESep 23, 2026•about 4 hours ago
Amount Raised
$311 Million
Round Type
Series E
OrlandoOther
Description
Colorado-based AI drug discovery company Enveda Biosciences closed a $311 million Series E financing round. The company uses artificial intelligence to identify and predict the structure and function of molecules from living organisms, then ranks them by drug potential. Enveda has three programs in human testing, including ENV-294 for atopic dermatitis and ENV-308 for weight management. The funding will support advancing the company's pipeline of AI-designed drugs through clinical development.
Company Information
Company
Enveda Therapeutics, Inc.
Location
5777 CROWNTREE LANE APT 202
Orlando, Florida, 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.
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.