Latch AI
Latest round
- Series A
Last raised
- Jun 2022
Total raised
- $33M
Investors
- 7
About Latch AI
Latch AI Inc. develops innovative biological solutions aimed at addressing environmental and health-related challenges through advanced biotechnology.Latch AI Inc. was founded in 2021 and is headquartered in San Francisco, US. The company specializes in biotechnological solutions and has undergone no significant pivots in its business strategy. The founders of the company are Alfredo Andere, Kenny Workman, and Kyle Giffin, with Alfredo Andere also serving as the CEO. Latch AI Inc.Latch AI Inc. specializes in innovative biological solutions designed to address a range of environmental and health-related challenges. The company's core product offerings include advanced biotechnological tools aimed at improving agricultural efficiency and enhancing food production. These products are utilized by various sectors, including agriculture, biotechnology, and research institutions, positioning Latch AI as a critical player in promoting sustainable practices. Their technology is engineered to optimize crop yield and resilience, targeting markets in North America, Europe, and parts of Asia, where agricultural productivity faces increasing demands from a growing population.Latch AI Inc. operates under a structured revenue model primarily based on B2B transactions, collaborating directly with agricultural and biotechnology firms. The company generates revenue through a combination of product sales, subscription-based access to its proprietary technology platforms, and strategic partnerships with research institutions. Flagship products include trademarked biotechnological solutions that facilitate improved agricultural outcomes. Pricing structures are established according to the specific needs of clients, which can include tiered subscription plans for access to software tools and premium pricing for specialized biotechnological products.In June 2022, Latch AI Inc. Latch AI is also looking to expand its presence in new markets, targeting regions in Asia and Europe for future growth.
Who invested in Latch AI
7 investors across 2 rounds
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Questions about Latch AI
Who invested in Latch AI?
Latch AI has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Latch AI raised?
Latch AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Latch AI last raise money?
Latch AI's most recent round on record is a Series A, in Jun 2022.
What does Latch AI do?
Latch AI is a biotechnology company.
Where is Latch AI headquartered?
Latch AI is headquartered in San Francisco, US.
Which VCs invest in companies like Latch AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Latch AI's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series A
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