Tech Company Financing Transactions
BenchSci Funding Round
BenchSci, based in Toronto ON, secured $8 million from iNovia Capital, Afore Capital and Golden Ventures.
Transaction Overview
Company Name
Announced On
5/3/2018
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
iNovia Capital (Lead Investor) (Antoine Nivard)
Gradient Ventures (Ankit Jain)
Proceeds Purpose
The funds will be used by BenchSci to expand its team of engineers and scientists, implement new sales and marketing programs to drive new customer acquisition, and scale its AI technology used by researchers to accelerate biomedical discoveries.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
559 College St. 201
Toronto ON, M6G 1A9
Canada
Toronto ON, M6G 1A9
Canada
Phone
Undisclosed
Website
Email Address
Overview
As a team of former bench scientists, we experienced challenges finding commercial antibodies. So we spent two years building machine learning software to extract antibody usage data in the form of published figures, decoding millions of papers and making the data easily discoverable for scientists. The result: BenchSci.
Management Team
Title
Name
Email & Social
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