Enveda secures $311M to bring more nature-derived AI drugs into clinical trials
TechCrunch 3 weeks ago 26 ● 5 sources
Enveda raised a $311 million Series E as a biotech startup using AI to find nature-derived drug candidates for clinical trials. The round valued the company at $2 billion, doubling its valuation from 12 months earlier. As a result, Enveda can advance multiple AI-discovered therapies in patients, including a severe skin-condition treatment and a weight-maintenance drug after stopping GLP-1s.