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Avalo - About the company

Avalo is a series A company based in Durham (United States), founded in 2020 by Mariano Alvarez and Brendan Collins. It operates as a Developer of a platform for accelerated crop breeding and evolution. Avalo has raised $11.3M in funding from investors like IndieBio, Germin8 Ventures and Climate Capital. The company has 320 active competitors, including 85 funded and 47 that have exited. Its top competitors include companies like Advanta, Tropic Biosciences and Computomics.

Company Details

Developer of a platform for accelerated crop breeding and evolution. The platform uses diverse gene pools, natural pollination, and predictive modeling to identify genetic opportunities. It leverages interpretable machine learning to find underlying characteristics in plant genomes. The company focuses on creating more resilient, sustainable, and profitable crops.
Social
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Email ID
*****@avalo.ai
Key Metrics
Founded Year
2020
Location
Durham, United States
Stage
Series A
Total Funding
$11.3M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
29 as on Sep 30, 2026
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Avalo's funding and investors

Avalo has raised a total funding of $11.3M over 3 rounds. Its first funding round was on Mar 17, 2021. Its latest funding round was a Series A round on Mar 06, 2025 for $*****. 10 investors participated in its latest round. Avalo has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Avalo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 06, 2025
8550539
Series A
1629955
6330262
7598072
3674026
2023
7828
Series A
5977
3548
7668
9395
Mar 17, 2021
3142466
Seed
4392910
7911320
2188164
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Avalo's founders and board of directors

Founder? Claim Profile
The founders of Avalo are Mariano Alvarez and Brendan Collins.
Here are the details of Avalo's key team members:

Avalo's employee count trend

Avalo has 29 employees as of Sep 26. Here is Avalo's employee count trend over the years:
Employee count trend for Avalo
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Avalo's Competitors and alternates

Top competitors of Avalo include Advanta, Tropic Biosciences and Computomics. Here is the list of Top 10 competitors of Avalo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Advanta
Advanta
1989, Dubai (United Arab Emirates), Public
Developer of high-nutrition crops for sustainable agriculture
$400M
74/100
2nd
Logo for Tropic Biosciences
Tropic Biosciences
2016, Norwich (United Kingdom), Series C
Developer of gene editing technologies for improved tropical crop production
$179M
68/100
3rd
Logo for Computomics
Computomics
2012, Tubingen (Germany), Series B
Provider of data analysis services for next-generation sequencing data for the crop science industry
$7.85M
61/100
4th
Logo for Phylos Bioscience
Phylos Bioscience
2014, Portland (United States), Series B
Developer of cannabis F1 hybrid seeds and natural THC products
$31.2M
60/100
5th
Logo for Ohalo
Ohalo
2019, Aptos (United States), Series C
Developer of plant breeding systems for potatoes, almonds, and strawberries
$40M
58/100
6th
Logo for Renaissance BioScience
Renaissance BioScience
2013, Vancouver (Canada), Series A
Developer of bioengineering technology for agriculture, food, health, and industrial markets
$5M
54/100
7th
Logo for Pairwise
Pairwise
2017, Durham (United States), Series C
Provider of gene editing technology for climate-resilient, nutritious, and sustainable crops
$155M
54/100
8th
Logo for Biographica
Biographica
2022, London (United Kingdom), Seed
Computational Platform for gene discovery and editing
$9.5M
57/100
9th
Logo for Plastomics
Plastomics
2016, St. Louis (United States), Series B
Developer of next-generation trait delivery technology for higher-yielding crops and sustainable agriculture
$18.5M
57/100
10th
Logo for Cibus
Cibus
2001, San Diego (United States), Public
Developer of precision breeding technologies for resilient and vigorous crops
$34.5M
57/100
11th
Logo for Avalo
Avalo
2020, Durham (United States), Series A
Developer of a platform for accelerated crop breeding and evolution
$11.3M
56/100
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Avalo's Investments and acquisitions

Avalo has made no investments or acquisitions yet.

Reports related to Avalo

Here is the latest report on Avalo's sector:

News related to Avalo

Media has covered Avalo for a total of 5 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
•
Avalo launches new platformThe Paypers•Jun 12, 2024•Avalo
•
Pluton Bio Announces Partnership with AvaloPluton Biosciences•May 09, 2022•Pluton Biosciences, Avalo
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