Diligence memo · auto-generated · as of July 2, 2026
Enko Chem, Inc.
Enko Chem, Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Enko Chem, Inc. operates in Agriculture, based in Mystic.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Enko Chem, Inc. has raised $127M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $80M on 2022-07-15.
Most recent recorded round closed around 2022-07-15.
Valuation (modeled)modeled
Provath models Enko Chem, Inc. at approximately $625M (range $294M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.03× the median modeled value of Series C Agriculture companies in 2022–2024 (17 peers) — value vs value, same stage and era. Within the normal band (103% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 4.0 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 1.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Agriculture peers (1056 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: RTH Farms, LLP, Open Blue Sea Farms, Inc., VISM Global Agro Invest Corp., Our Family Farm Llc, Jingcaoyuan Holdings Inc.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.