Durham North Carolina based Avalo is raising $2,900,000.00 in New Equity Investment.
Durham, NC – According to filings with the U.S. Securities and Exchange Commission, Avalo is raising $2,900,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Brendan Collins played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Avalo
Genomic discovery, validation, and prediction. Powered by evolutionary theory + machine learning. We’re using machine learning to accelerate plant production and crop development. Avalo uses a novel AI approach for gene identification, even for highly complex traits and understudied crops. Once genes are identified, Avalo rapidly validates these targets with advanced molecular biology tools and works with partners to develop and produce new elite varieties. Our AI scans natural variation quickly to identify regions of interest with minimal training. We call this method GDIP. We validate our genes of interest at light speed using the latest molecular biology. We create new lines with collaborative technology and our deep biology expertise. Data gets recycled back into our AI, letting us move faster and think bigger on every new project.
To learn more about Avalo, visit http://www.avalo.ai/
Contact:
Brendan Collins, Chief Executive Officer
919-627-8065
https://www.linkedin.com/in/brendanccollins/
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