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.
- Website
- www.avalo.ai/
- 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
Ranked
11th among 320 active competitors
Employee Count
29 as on Sep 30, 2026
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Legal entities associated with Avalo
Avalo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AVALO, INC. CIN: 7789517 , United States, Active | Jan 08, 2020 | - | 13 (As on Dec 31, 2024) | - |
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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 |
View details of Avalo's funding rounds and investors
Avalo's founders and board of directors
Founder? Claim ProfileThe founders of Avalo are Mariano Alvarez and Brendan Collins.
Here are the details of Avalo's key team members:
- Mariano Alvarez: Co-Founder of Avalo. Contact Info: 1 email address
- Brendan Collins: Co-Founder of Avalo. Contact Info: 1 email address
View details of Avalo's Founder profiles and Board Members
Avalo's employee count trend
Avalo has 29 employees as of Sep 26. Here is Avalo's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Advanta 1989, Dubai (United Arab Emirates), Public | Developer of high-nutrition crops for sustainable agriculture | $400M | 74/100 | |
2nd | Tropic Biosciences 2016, Norwich (United Kingdom), Series C | Developer of gene editing technologies for improved tropical crop production | $179M | 68/100 | |
3rd | 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 | Phylos Bioscience 2014, Portland (United States), Series B | Developer of cannabis F1 hybrid seeds and natural THC products | $31.2M | 60/100 | |
5th | Ohalo 2019, Aptos (United States), Series C | Developer of plant breeding systems for potatoes, almonds, and strawberries | $40M | 58/100 | |
6th | Renaissance BioScience 2013, Vancouver (Canada), Series A | Developer of bioengineering technology for agriculture, food, health, and industrial markets | $5M | 54/100 | |
7th | Pairwise 2017, Durham (United States), Series C | Provider of gene editing technology for climate-resilient, nutritious, and sustainable crops | $155M | 54/100 | |
8th | Biographica 2022, London (United Kingdom), Seed | Computational Platform for gene discovery and editing | $9.5M | 57/100 | |
9th | 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 | Cibus 2001, San Diego (United States), Public | Developer of precision breeding technologies for resilient and vigorous crops | $34.5M | 57/100 | |
11th | Avalo 2020, Durham (United States), Series A | Developer of a platform for accelerated crop breeding and evolution | $11.3M | 56/100 |
Looking for more details on Avalo's competitors? Click here to see the top ones
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.
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New Seed to System Partnership to Deliver Made-in-America Sustainable FabricWhatTheyThink•Jul 13, 2026•CreateMe, Laguna Fabrics, Avalo
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CreateMe partners with Avalo and Laguna Fabrics to create AI-assisted apparel supply chainThe Robot Report•Jun 23, 2026•Avalo, CreateMe
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FarmRaise Announces Partnership with Avalo to Power AI-Driven Cotton Innovation at ScaleBusiness Wire•Apr 07, 2026•Avalo, FarmRaise
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US start-up nets US$11M to slash sugarcane emissions in Coca-Cola partnershipFoodIngredientsFirst•Mar 13, 2025•Coca-Cola, Avalo
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Avalo looks to LIGHT as lead asset fails phase 2 asthma trial, dampening stockFierce Biotech•Jun 27, 2023•Avalo
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Pluton Bio Announces Partnership with AvaloPluton Biosciences•May 09, 2022•Pluton Biosciences, Avalo
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