📝 The weekly wrap

Hey there #

Here are last week's new VC investment memos.

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The Memos...

🌿 Enko (agtech)

Enko designs safe and sustainable solutions to farmers' biggest crop threats today, from pest resistance to new diseases by applying the latest drug discovery and development approaches from pharma to agriculture.

Raise: Series C | US$80M

Investor Memo: Eight Roads by Betty Cai, Arjun Singh & Stephanie Yeh

"Agriculture is a sector that has been unfortunately neglected and underinvested. This trend is particularly prominent when comparing the development of novel human health drugs to crop health products, where human pharmaceuticals has progressed significantly over the last few decades, whereas agricultural innovation has stalled – for example, of the top 10 herbicides in the market today, 7 were launched before 2000."

 

🩺 Disclo (HR tech)

Disclo is the first software for employers to collect, verify, and manage health disclosures and employee accommodation requests (HIPAA and SOC2 compliant, of course).

Raise: Seed | US$5M

Investor Memo: General Catalyst by Holly Maloney, Zak Kukoff

"While many companies have the best of intentions, executives can be forced to use antiquated processes to comply with legal requirements. The CDC estimates that 60 percent of American adults have a chronic health condition or disability, and yet the fear and stigma of the disclosure process results in a paltry 3.2 percent disclosure rate among United States employees. Disclo empowers employees to confidentiality disclose any disability or accommodation needs."

✍ Lavender (sales tech)

Lavender provides the leading AI-powered sales email coach that helps teams humanize the sales process and write better emails faster, resulting in a better experience for buyers and sellers alike.

Raise: Series A | US$13.2M

Investor Memo: Norwest by Scott Beechuk, Elaine Dai

"It takes about 15 minutes to write a personalized email, and the average time a recipient takes to read it is 15 seconds. Lavender’s mission is to help bridge this gap so sales reps can focus on what they do best: building relationships and selling products.

Lavender scores every email on a scale of 1 to 100 against metrics such as sentence length, the ratio of I’s to You’s, and mobile friendliness. Lavender’s AI will then suggest edits in real-time to optimize the email."

đź’» Kubeark (DevOps)

Kubeark powers scalable, rapid, and compliant SaaSification and software lifecycle management. Deploy software products to the cloud in record time

Raise: Seed | US$2.8M

Investor Memo: Seedcamp

"Designed around a “Kubernetes as a service” offering, Kubeark’s open infrastructure-agnostic platform is built to scale any software product integrating deployment and management into business processes. It enables software vendors to remove the complexity of their application development lifecycle by deploying, managing, and scaling applications on any type of infrastructure, from private or public cloud to on-premises, for both open and closed systems."

🔎 AtomicJar (DevOps)

AtomicJar is an integration testing platform that enables developers to build databases and web frameworks more efficiently.

Raise: Series A | US$25M

Investor Memo: Insight Partners by Jonathan Rosenbaum, Max Reed, Sid Sapru, Andrew Ying

"As developers shift toward microservices, testing the interconnection of application components is becoming ubiquitous and an integral part of the development process. AtomicJar has widely become the leading open-source software for integration tests, with ~7 million monthly Docker downloads and a vibrant and passionate developer community. The community’s growth is accelerating."

đź’µ Hnry (fintech)

Hnry automatically pays and files all taxes for contractors, freelancers, and sole traders, so they never have to think about tax again.

Raise: Series B | AU$35M

Investor Memo: Airtree by Jackie Vullinghs

"Since we first met Hnry, they've grown to become the largest accountancy firm in New Zealand and launched in Australia. Most of their customers join through word of mouth, and once a customer signs up, they stick around, leading to excellent unit economics and strong capital efficiency. While we loved the large market of sole traders and the innovative product approach, what really set Hnry apart was the execution of the team."

p.p.s. to search, filter and read the full database 1,500+ memos head to VCinsights.co