Elo Life Systems

The next-generation ingredient company.

General Information
Company Name
Elo Life Systems
Founded Year
2021
Location (Offices)
Durham, United States +1
Founders / Decision Makers
Number of Employees
43
Industries
Biotechnology, Health Care, Health and Wellness +1
Funding Stage
Series A
Social Media

Elo Life Systems - Company Profile

Elo Life Systems, founded in 2006, is a pioneering next-generation ingredient company with a mission to reimagine the future of food. Their slogan, "The next-generation ingredient company," encapsulates their commitment to offering consumers ingredients that prioritize health, sustainability, and taste. The company operates in the Biotechnology, Health Care, and Nutrition sectors, with its headquarters in the United States. Elo Life Systems recently secured a significant $20.50M Series A investment on 24 January 2024. The investment came from notable firms including Novo Holdings, DCVC, AccelR8, Alexandria Venture Investments, and Hanwha Next Generation Opportunity Fund. The company's innovative approach to food ingredients, ranging from plant-based sweeteners to crop sustainability, has garnered attention from investors seeking to support impactful ventures in the food industry. Elo's focus on harnessing the untapped potential of nature to create tastier, healthier, and more resilient food options aligns with evolving consumer preferences and sustainability trends. With this recent investment, Elo Life Systems is poised to continue driving positive change within the food industry.

Taxonomy: next-generation ingredients, plant-based sweeteners, sustainable agriculture, food innovation, healthier food, resilient crops, Banana preservation, nature-inspired ingredients, food sustainability, environmentally friendly, natural food products

Funding Rounds & Investors of Elo Life Systems (3)

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Funding Stage Amount No. Investors Investors Date
Series A $20.50M 5 DCVC Bio, Hanwha Next Generation Opportunity Fund 24 Jan 2024
Series A $24.50M 3 DCVC Bio 15 Feb 2023
Venture Round $11.49M - 30 Dec 2021

Latest News of Elo Life Systems

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No recent news or press coverage available for Elo Life Systems.

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