[KongchangAI]
Company

Enveda

An AI biotechnology company focused on combining machine learning with natural product drug discovery. It applies AI to analyze mass spectrometry and genomic data for predicting molecular structures and biological activity, accelerating the process of identifying candidate drug molecules from natural sources.

Timeline (last 90 days)

Sep 23

AI biotech company Enveda completed a funding round of $311 million.

Expired50%
Sep 23

This funding round pushed Enveda's valuation up to $2 billion.

Expired50%
Sep 23

Enveda's core technology approach is to combine machine learning with natural product drug discovery.

Unverified50%
Sep 23

Enveda uses AI to predict the structures and biological activities of natural molecules through analysis of mass spectrometry data and genomic data, without requiring complete chemical synthesis.

Unverified50%
Sep 23

The drugs Enveda is currently testing cover two directions: treating skin-related diseases and helping patients maintain weight loss after discontinuing GLP-1 class drugs.

Unverified50%
Sep 23

The funds from this round will be used primarily to accelerate Enveda's AI-discovered natural-product-based drugs into clinical trial stages.

Unverified50%

All Facts (4)

Source Articles