Exclusive: AI-powered plant breeding startup Avalo raises $11m, partners with Coca Cola to future proof sugarcane production

Exclusive: AI-powered plant breeding startup Avalo raises $11m, partners with Coca Cola to future proof sugarcane production

Avalo—a startup deploying interpretable artificial intelligence to develop climate resilient crops—has raised an $11 million Series A round and entered into a partnership with CCEP to futureproof its sugarcane supply chain and reduce scope 3 emissions. The round was co-led by Germin8 Ventures and Alexandria Venture Investments with participation from Coca-Cola Europacific Partners (CCEP), Trust Ventures, Trailhead Capital, and angel investor Wil…

Pune: A workshop on ‘Artificial Intelligence: Alchemy of Sugarcane Production and Use of Artificial Intelligence for Modernization of Sugar Industry’ was organized at the Krishi Vigyan Kendra in Baramati on Saturday (15th). It has been organized by the ‘Agricultural Development Baramati’ Trust and the ‘West Indian Sugar Mills Association’ (Wisma). ‘Sugarcane crop’ has a very unique role in the sugar industry. Therefore, the Agricultural Developm…