In­no­va­tion En­deav­ors doles out first in­vest­ment in the Joel Dud­ley era, with seed fund­ing for a small mol­e­cule start­up

Joel Dud­ley re­cent­ly joined the team at the in­vest­ment firm In­no­va­tion En­deav­ors, start­ed by for­mer Google CEO Er­ic Schmidt, in Au­gust with a mis­sion to in­vest deeply in the biotech world. And now, sev­er­al weeks af­ter bring­ing him on, the firm has made its lat­est such in­vest­ment and the first with Dud­ley on board.

In­no­va­tion En­deav­ors has led an $8 mil­lion seed round in Har­mon­ic Dis­cov­ery, the firm an­nounced Thurs­day morn­ing. Dud­ley will al­so join the com­pa­ny’s board.

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