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Avalo

Series A

Avalo is a developer of an AI-powered rapid evolution platform for accelerated crop breeding. The company unique approach uses diverse gene pools, wild varieties, and natural pollination for richer, deeper data sets, combined with scalable predictive modeling to identify genetic opportunities in-silico for faster selection across more genetic samples. The platform features Whole Genome AI, a first-of-its-kind…

Food and Agriculture Tech · Crop Tech, · Durham, United States · EST 2020

About

Avalo is a developer of an AI-powered rapid evolution platform for accelerated crop breeding. The company unique approach uses diverse gene pools, wild varieties, and natural pollination for richer, deeper data sets, combined with scalable predictive modeling to identify genetic opportunities in-silico for faster selection across more genetic samples. The platform features Whole Genome AI, a first-of-its-kind Interpretable Machine Learning approach that leverages genomic complexity to find underlying characteristics rather than just individual genes. Avalo Rapid Evolution platform is a natural, non-GMO process that delivers accelerated innovation, is affordable and highly scalable, improves genetic diversity, and enables complex multi-trait possibilities. The platform can create crops with geographic adaptation, input reduction requiring less water and fertilizer, climate resilience, improved crop efficiency, new ingredient possibilities, and enhanced nutrition and flavor. Avalo serves growers with cotton in the US and sugarcane in Australia, and partners with manufacturers for more sustainable ingredients. The company has been featured in Bloomberg, CNN, TechCrunch, BBC, and Time for its AI-powered crop breeding. Founded in 2020 and headquartered in Durham, United States, Avalo has raised approximately 11.3 million at the Series A stage with investors including IndieBio, Climate Capital, Germin8 Ventures, Coca-Cola Europacific Partners, Trust Ventures, Trailhead Capital, At One Ventures, Better Ventures, SOSV, Alexandria, Giant Ventures, and Atlas Capital.

Business model

Genomics > Applied Genomics > Agrigenomics,

Crop Tech > Farm Inputs > Plant Genetic Testing

Institutional investors

IndieBioClimate CapitalGermin8 VenturesCoca-Cola Europacific PartnersTrust VenturesTrailhead CapitalAt One VenturesBetter VenturesSOSVAlexandriaGiant VenturesAtlas CapitalWill Canine

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