Elo Life Systems will save the banana from extinction
Added on 12 March 2024
Image provided by Elo Life Systems
The funding round was co-led by DCVC Bio and Novo Holdings, with participation from Hanwha Next Generation Opportunity Fund, AccelR8, and Alexandria Venture Investments.
Elo Life Systems plans to use this funding to scale and commercialize its monk-fruit-derived sweetener, expand its molecular-farming pipeline, and enhance crop protection efforts, including saving the banana from extinction.
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