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Benchsci Raises $63 Million Series C To Solve Pharma's Biggest R&D Challenges With Ai-Powered Software Platform

Jan 24, 2022over 3 years ago

Amount Raised

$63 Million

Round Type

series c

Toronto

Description

BenchSci, a global leader in machine learning applications for novel medicine development, today announced a $63 million Series C (US $50 Million) funding round led by Inovia Capital and TCV, with participation from existing investors.

Company Information

Company

Bench Sci

Location

Toronto, Ontario, Canada

About

Since inception, the firm has built a track record of successfully backing public and private businesses that have developed into dominant industry players across internet, software, FinTech, and enterprise IT. “BenchSci is well-positioned to be the category-defining technology platform for the industry, and we look forward to working with Liran and his team to transform this industry.”

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech