BenchSci

BenchSci in its US$50 million Series C financing round

Client

BenchSci

Value

US$50 million

Service

Emerging and High Growth Companies

Date Closed

January 2022

Industry

Technology

Lead Office

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).