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Fortune Term Sheet: Elo Life Systems

January 25, 2024

By: Allie Garfinkle

Elo Life Systems, a Durham, N.C.-based ingredient company, raised $20.5 million in a Series A extension. DCVC Bio and Novo Holdings led the round and was joined by Hanwha Next Generation Opportunity Fund, AccelR8, and Alexandria Venture Investments.

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