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Enveda Raises $311M Series E at $2B Valuation to Advance AI-Discovered Natural Medicines

Enveda, a biotech startup using AI to discover new drugs from nature, has raised $311 million Series E funding at a $2 billion valuation. The round was led by Catalio Capital Management and includes participation from Iconiq and other investors, doubling the company's valuation from 12 months ago.

Enveda Raises $311M Series E at $2B Valuation to Advance AI-Discovered Natural Medicines

Enveda, a biotech startup using AI to discover new drugs from nature, has raised $311 million Series E funding at a $2 billion valuation. The round was led by Catalio Capital Management and includes participation from Iconiq and other investors, doubling the company's valuation from 12 months ago.

Sources

  • AI Insider — Enveda Raises $311M Series E at $2B Valuation to Advance AI-Discovered Natural Medicines

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