Fundz

Litmaps Closes $125K In Seed-Stage Investment From Quidnet Ventures

PRIVATESep 02, 2021

Amount Raised

$125,000

Round Type

Seed

WellingtonBiotechnologyArtificial IntelligenceEducation

Description

Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York. Litmaps has built a research navigation platform that allows scientists, engineers, and other experts to more rapidly and deeply navigate peer reviewed research and patent literatures, accelerating breakthroughs and allowing them to work more effectively in R&D teams. The total size of Litmaps's seed round was $1M NZD, and was led by Icehouse Ventures.

Quick answer

Litmaps raised $125,000 in a Seed round, dated September 2, 2021. Litmaps is based in Wellington, Wellington, New Zealand.

How much did Litmaps raise?
Litmaps raised $125,000 in a Seed round on September 2, 2021.
What does Litmaps do?
Litmaps is a Wellington-based start-up that’s redefining how scientists navigate the sea of academic literature by merging citation network analysis with generative AI.
Where is Litmaps based and how big is it?
Litmaps is based in Wellington, Wellington, New Zealand.

Source: Fundz verified event record.

Who else raised in Education and Biotechnology around the same time

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

  • Electives raised $2.3M (Seed) on October 13, 2021.
  • Exscientia raised $510M (Post-IPO Equity) on October 5, 2021.
  • Envisagenics raised an undisclosed amount (Series A) on September 29, 2021.
  • Opentrons Labworks raised $200M (Series C) on September 23, 2021.
  • Opentrons Labworks raised $209M on September 23, 2021.
  • Prospection raised $45M (Funding Round) on September 14, 2021.

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Company Information

Company

Litmaps

Location

Wellington, Wellington, New Zealand

About

Litmaps is a Wellington-based start-up that’s redefining how scientists navigate the sea of academic literature by merging citation network analysis with generative AI. Founded in 2016, the platform now serves over two million researchers globally, including institutions such as Harvard, Stanford, and the University of Cambridge. Its mission is to accelerate impactful science by helping researchers identify gaps in knowledge and avoid redundant work.

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Litmaps 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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