Amount Raised
$50 Million
Round Type
Series D
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
A new round usually means Benchling is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Benchling raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Benchling, from your own LinkedIn network
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Fundz sees it the moment Benchling raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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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