IPO Newsroom(@IPONewsroom_):AI BIOTECH ENVEDA DOUBLES VALUATION TO $2B Enveda has raised new funding led by Catalio Capital alongside Iconiq, doubling its valuation to $2 Billion. The company uses AI to discover drugs from plants and microbes and has produced 17 candidates since 2019, including pills targeting post-GLP-1 weight maintenance, atopic dermatitis and inflammatory bowel disease.

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IPO Newsroom@IPONewsroom_

2026.09.23 10:21

AI BIOTECH ENVEDA DOUBLES VALUATION TO $2B Enveda has raised new funding led by Catalio Capital alongside Iconiq, doubling its valuation to $2 Billion. The company uses AI to discover drugs from plants and microbes and has produced 17 candidates since 2019, including pills targeting post-GLP-1 weight maintenance, atopic dermatitis and inflammatory bowel disease.