Enveda
Enveda harnesses machine learning, metabolomics, and robotics to accelerate drug discovery from nature, featuring a platform that enhances the discovery process and operates the largest computable ethnobotanical database.
Services
Enveda specializes in discovering new drugs by leveraging breakthroughs in machine learning, metabolomics, and robotics. The company operates high-throughput experiments to create a diverse dataset of biologically annotated small molecules. Their platform aims to transform human health by mapping and discovering high-value, high-impact medicines derived from nature's chemistry.
Technological Platform
Enveda has developed a proprietary platform that significantly changes the speed and scale of new medicine discovery from natural sources. The platform integrates machine learning, metabolomics, and robotics to index nature's untapped chemical space, enhancing the potential for breakthrough drug discoveries. A key component of this platform is the MS2Mol algorithm, which deciphers nature’s chemical code, facilitating the discovery of new medicines.
Funding and Financial Growth
Enveda has successfully raised substantial capital to support its groundbreaking work. The company secured $68 million in a combined Series B equity and debt financing round. Furthermore, Enveda announced an oversubscribed Series B1 round, bringing the total funding to $119 million. These financial milestones underscore the company's growth and the confidence investors have in their innovative approach to drug discovery.
Global Presence
Enveda operates from two major locations: Boulder, Colorado, USA, and Hyderabad, India. These offices facilitate the company's research and development activities, enabling a global approach to transforming human health through nature-based drug discovery.
Ethnobotany Database
Enveda hosts the world's largest computable database of ethnobotany, which includes information on 38,000 plants and 11,000 diseases. This extensive database supports the company's mission to discover new, impactful medicines from nature's chemical repertoire, providing a unique resource for their research and development efforts.