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Benchling Raises $50M Series D To Accelerate Biotech Revolution

PRIVATEMay 28, 2020

Amount Raised

$50 Million

Round Type

Series D

San FranciscoOtherSoftwareScience And Engineering

Description

Benchling, the leading life sciences R&D cloud platform, announced it closed $50 million in Series D funding led by Alkeon and joined by new investors Spark Capital, Lux Capital and ICONIQ Partners, as well as existing investors Thrive Capital and Benchmark. The round comes at one of the most pivotal moments for the biotechnology industry as companies race to deliver diagnostics, therapeutics and vaccines for COVID-19, while advances such as CRISPR and lab robotics continue to fuel breakthroughs in medicine, food and agriculture, energy and materials. Benchling will use the investment to build advanced product capabilities, expand its international presence, and drive adoption across leading R&D organizations, bringing the power of modern-day software to drive the rapid transformation of the life sciences industry.

Quick answer

Benchling raised $50 Million in a Series D round, dated May 28, 2020. Benchling is based in San Francisco, California, United States.

How much did Benchling raise?
Benchling raised $50 Million in a Series D round on May 28, 2020.
What does Benchling do?
Benchling is the pioneer of the R&D Cloud, software that powers the biotechnology industry.
Where is Benchling based and how big is it?
Benchling is based in San Francisco, California, United States. Fundz records about 800 employees.
Who are the decision-makers at Benchling?
Fundz holds 2 contacts at Benchling, including the Cofounder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Software around the same time

Companies in the same sectors as Benchling that raised within 45 days of this round, from Fundz verified event records.

  • GroupSolver, Inc. raised $2.8M (Seed) on June 30, 2020.
  • Carlsmed raised $2M (Seed) on June 23, 2020.
  • Salt Security, Inc. raised $20M (Series A) on June 16, 2020.
  • Ginkgo Bioworks raised $70M on May 28, 2020.
  • Prenda raised $6.1M on May 27, 2020.
  • Crosschq raised $1.5M (Seed) on May 11, 2020.

Who to call at Benchling, and when

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Company Information

Company

Benchling

Location

San Francisco, California, United States

About

Benchling is the pioneer of the R&D Cloud, software that powers the biotechnology industry. More than 200,000 scientists at over 700 companies and 7,000 research institutions globally have adopted Benchling's R&D Cloud to make breakthrough discoveries and bring the next generation of medicines, food, and materials to market faster than ever before. The R&D Cloud helps these organizations modernize their scientific processes and accelerate collaboration so they can convert the complexity of biology into world-changing results. For more, please visit Benchling.com.

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Related People

2 contacts
Verified contactsAshu S., Cofounder hiddenSee plans and pricing
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Benchling raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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