Elo Life Systems

Durham, NC · Founded 2021 · Privately Held (backing)

Producer of plant-based food ingredients designed to enhance taste, health attributes, and climate resilience in consumer food products. Elo Life Systems is based in Durham, NC and was founded in 2021. Its last reported valuation was $74.5 million in Jan 2024. It has raised $45 million across 2 recorded rounds; the latest was a $5.4 million early-stage round in Jan 2026.

Last reported valuation
$74.5M
Oct 2026
Priced at
—
Total raised
$45.0M
Last round
Early Stage VC
Jan 2026

Elo Life Systems key facts

as of Oct 2026
  • Producer of plant-based food ingredients designed to enhance taste, health attributes, and climate resilience in consumer food products.
  • Elo Life Systems is valued at approximately $74.5M as of Oct 2026 (last reported valuation).
  • It has raised $45.0M across 2 recorded rounds; the latest was Early Stage VC ($5.4M) in Jan 2026.
  • Notable investors include Alexandria Venture Investments, Novo Holdings, Hanwha Asset Management (USA), DCVC Bio, Accelr8 (Impact Fund Investing) — 8 tracked in total.
  • Elo Life Systems has filed 1 Form D with the SEC, most recently Jan 2024 ($10.3M sold to 14 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$74.5M

Elo Life Systems's last reported valuation, Jan 2024. Nothing priced has surfaced since.

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Elo Life Systems funding rounds

2 rounds
Jan 2026Early Stage VC$5.4MSEC filing▮
Jan 2024Early Stage VC$10.3MSEC filing▮

Elo Life Systems valuation

Elo Life Systems's last reported valuation was $74.5 million in Jan 2024. No priced round, secondary trade or fund mark has surfaced since.

How much has Elo Life Systems raised?

Elo Life Systems has raised $45 million in total; 2 of its rounds are on record. The largest on record was a $5.4 million early-stage round in Jan 2026.

Elo Life Systems has filed 1 Form D with the SEC, most recently in Jan 2024 ($10.3 million sold to 14 investors).

Elo Life Systems investors

8 investors are on record for Elo Life Systems, including Alexandria Venture Investments, Novo Holdings, Hanwha Asset Management (USA) and DCVC Bio. The early-stage round in Jan 2026 drew 5 investors.

About Elo Life Systems

Producer of plant-based food ingredients designed to enhance taste, health attributes, and climate resilience in consumer food products. The company develops novel functional sweeteners and crop-derived ingredients using advanced plant science and biotechnology, focusing on reducing sugar while maintaining taste, improving nutritional profiles, increasing resilience of key crops to disease and climate stress, enabling food and beverage manufacturers to create scalable, label-friendly products with lower environmental impact and more sustainable supply chains.

Sector
Business Products and Services (B2B)
HQ
Durham, NC, United States
Founded
2021
Employees
30
Ownership
Privately Held (backing)

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