Enko, a startup that makes environmentally friendly pest control products, has opened its new headquarters in Mystic, from its prior location in Woburn, Mass.
Last summer, the company, which says it’s backed  by investors including the Bill & Melinda Gates Foundation, purchased its new headquarters at 62 Maritime Drive in Mystic for $6 million, town records show. Enko will now run its operations out of the 91,000-square-foot building, which was built in 1992 for Dekalb Genetics Corp. The facility has served as an outpost for major companies like Monsanto and Bayer, Enko said.
“We’re thrilled to move our talented team to this advanced facility and continue the important work of developing selective, sustainable solutions for farmers,” Enko CEO Jacqueline Heard said.
Mystic is a desirable location for Enko’s headquarters, as the village within the town of Groton is located in Connecticut between Massachusetts and Rhode Island to the north and New York City to the south, the company said. The area is also close to New Haven and the Yale University academic ecosystem, Enko said.
Additionally, the 33,000-square feet of new greenhouse space will allow for more expanded research and development, the company said.
The move comes after the company received a $2.2 million investment from Connecticut Innovations, the state’s quasi-public venture capital arm. Enki also raised a $45 million Series B funding round last year, for a total of $68.2 million in investments raised to date. It says its other backers include Anterra Capital, Finistere Ventures, Novalis LifeSciences, Germin8 Ventures, TO Ventures Food, and Rabo Food & Agri Innovation Fund.
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