Enko Launches with $66 Million in Funding to Deliver Products that Enable Farmers to Protect Crops From Pests and Disease
Top Investors Led by the Bill & Melinda Gates Foundation Back Series B as Global Demand for Sustainable Agriculture Practices Intensifies
Woburn, Mass. – June 26, 2020 — Aiming to kick-start the crop protection industry’s stalled R&D pipelines to develop novel, safer products for the global farming community, Enko Chem Inc. (Enko) today publicly launched after securing $45 million in a Series B round of financing, bringing its total funding raised to date to $66 million. Led by the Bill & Melinda Gates Foundation, the latest round attracted a strong mix of existing (Anterra Capital and Rabo Food & Agri Innovation Fund) and new investors (Finistere Ventures, Novalis LifeSciences, Germin8 Ventures, TO Ventures Food).