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Food Business News: Elo Life Systems Raises $20.5 Million

February 6, 2024

By Brooke Just

DURHAM, NC. — Elo Life Systems has raised $20.5 million in an oversubscribed Series A2 funding round. The funding round was led by DCVC Bio and Novo Holdings. Other investors included Hanwha Next Generation Opportunity Fund, AccelR8, and Alexandria Venture Investments. With this funding round, the company has raised $45 million to date, according to the company.

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