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Enveda raises $311M at $2B valuation to advance AI-discovered drugs

Enveda closes $311M Series E funding round

2 Yesterday 6:05 PM · 6h ago · 3 articles · 2 posts · 2 sources · development 2 of 2

The Boulder, Colorado AI biotech closed a $311 million Series E financing round, doubling its valuation to approximately $2 billion. Catalio Capital Management led the round, with participation from new investors including Durable Capital Partners, ICONIQ, Lightspeed, Surveyor Capital, and T. Rowe Price Investment Management, along with existing investors Baillie Gifford, Premji Invest, and Lux Capital. Total capital raised since founding exceeds $845 million.

Enveda closes $311M Series E funding round
techcrunch.com

“The industry has gotten really, really good at commercializing a molecule once you know it's right, but has increasingly gotten worse at finding the right molecule. We're letting AI lead the way for answers that already exist in nature.”

Viswa Colluru

Viswa Colluru Founder and CEO, EnvedaEnveda AI biotech startupCatalio Capital Management Lead investorAlex Gorsky General partner, ICONIQ; former J&J CEO

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1–2Enveda closes $311M Series E funding round
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What was reported 4 claims about this development

  1. 3 outlets Enveda Raises $311M in Series E Funding

    first by FinSMEs, 6h ago · also Yahoo Finance, TechCrunch

    2 more headlines
  2. 3 outlets Enveda raises $311 million, doubles valuation to $2 billion

    first by Quartz, 6h ago · also Business Wire, WSJ Tech

    2 more headlines
  3. 1 outlet AI drug discovery startup Enveda raised $311 million, doubling its valuation to $2 billion

    first by Quartz, 14h ago

  4. 1 outlet Exclusive | AI Biotech Enveda Doubles in Value to $2 Billion

    first by WSJ, 17h ago

What people said 2 voices · verbatim

All 2 developments of Enveda raises $311M at $2B valuation to advance… →

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