How Much Did Ukko Raise?
Funding & Key Investors

Ukko, a Palo Alto-based biotechnology firm, has successfully secured a total of $47.7M in capital to advance its mission of addressing food sensitivities through artificial intelligence. The company recently finalized a major strategic investment of $40M, marking a significant milestone in its trajectory toward commercializing its proprietary protein-design platform. This latest infusion of financing underscores the growing investor confidence in Ukko's ability to leverage computational biology to solve complex immunological challenges in the food industry.

What is Ukko?

Ukko
Business ServicesResearch & Development

Ukko operates at the intersection of machine learning and immunology, positioning itself as a leader in the precision food technology sector. By utilizing AI-driven protein engineering, the company aims to redesign proteins to eliminate allergic reactions while maintaining their nutritional and functional integrity. This approach addresses a critical market gap for consumers suffering from food sensitivities, effectively transforming how the food industry approaches allergen management. With a robust intellectual property portfolio and a focus on scalable biotechnology, Ukko is well-positioned to disrupt traditional food manufacturing processes and improve global health outcomes through science-backed innovation.

How much funding has Ukko raised?

Ukko has raised a total of $47.7M across 2 funding rounds:

2017

Series A

$7.7M

2021

Series B

$40M

Series A (2017): $7.7M with participation from Izhar Armony, Slow Ventures, Khosla Ventures, Innovation Endeavors, and Marc Benioff

Series B (2021): $40M led by Continental Grain Company, Leaps by Bayer, Skyviews Life Science, Fall Line Capital, and Peak Bridge Ventures

Key Investors in Ukko

Continental Grain Company

A global investor and operator with a deep history in the food, agribusiness, and commodities sectors, providing strategic oversight and industry expertise.

Fall Line Capital

An investment firm focused on the intersection of farmland management and agricultural technology, dedicated to enhancing productivity through innovative capital deployment.

Khosla Ventures

A prominent venture capital firm known for backing early-stage companies that utilize transformative technology to solve significant global problems.

What's next for Ukko?

With the recent capital injection, Ukko is expected to accelerate its research and development pipeline, focusing on the clinical validation of its lead candidates. The company's strategic roadmap likely includes expanding its computational platform to address a broader range of food allergens and potentially entering into partnerships with major food conglomerates to integrate its technology into mainstream supply chains. As Ukko transitions from a research-heavy startup to an enterprise-level biotech player, the focus will shift toward regulatory milestones and the commercialization of its first-generation hypoallergenic ingredients. This growth phase will be critical in establishing Ukko as the standard-bearer for safe, personalized nutrition in the global marketplace.

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Frequently Asked Questions Regarding Ukko Financial Insights

What are the most recent funding rounds that Ukko has completed, and what were the funding rounds?
Ukko has recently completed 2 funding rounds: Series B on Jan 27, 2021, Series A on Jul 31, 2017.
What is the total amount of funding Ukko has raised to date?
Ukko has raised a total of $47.7M in funding to date.
How many funding rounds has Ukko completed?
Ukko has completed 2 funding rounds.
How much funding did Ukko raise in its most recent funding round?
Ukko raised $40M in its most recent funding round.
Who are the lead investors in Ukko's latest funding round?
The lead investor in Ukko's latest funding round was Continental Grain Company. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ukko's history?
The largest funding round in Ukko's history was $40M.
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