Emerging and High Growth Companies

BenchSci in its US$50 million Series C financing round

BenchSci
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

On January 24, 2022, BenchSci announced its US$50 million Series C financing round led by funding round led by iNovia Capital and TCV. Bringing their total investment to $123 million, BenchSci will expedite the expansion of its transformative AI-powered software platform that accelerates research in top pharmaceutical companies and over 4,500 leading research centers worldwide.

BenchSci is a global leader in machine learning applications for novel medicine development.

Osler, Hoskin & Harcourt LLP advised BenchSci with a team consisting of Chad Bayne, Justin Dharamdial, Jeremy Lin, Ferial Fekri (Emerging & High Growth Companies) and Christopher Sheridan (Tax).

Value
US$50 million
Date Closed
January 24, 2022
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto