Benchsci Raises $63M Series C to Scale AI Powered Medicine Development Platform

gravatar
 | 
January 24, 2022
 | 
1 min read

We are excited to announce that BenchSci has successfully raised its $63M (US $50M) Series C round, bringing its total investment to $123M. The round was led by Inovia Capital and TCV, with participation from existing investors.

It’s been amazing to watch BenchSci grow from its humble early days as a startup to becoming a huge force for good in the Scientific community. The platform is truly transformative and is leaving a lasting impact on the world. We couldn’t be prouder of Liran and the entire BenchSci team on their growth and traction. The platform is currently used in 16 of the top 20 pharmaceutical companies.

BenchSci’s proprietary ML models are built to understand research experiments like a Ph.D. scientist. They extrapolate scientific data and establish relationships between biological entities. BenchSci empowers close to 50,000 scientists globally to enhance their R&D and clinical outputs.

We believe in the company’s potential to truly revolutionize the drug discovery market and bring lifesaving drugs to market at scale.

Congratulations to the entire BenchSci team on this amazing milestone!

Toronto

MaRS Discovery District 
101 College Street
Suite 250, Heritage Building

Montreal

L'Espace CDPQ 
3 Place Ville Marie
Bureau 12350

© 2024 Two Small Fish Ventures