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Scispot closes $8 million USD Series A funding led by Avenue Growth Partners to become the operating layer for life sciences labs.

PRIVATEJun 04, 2026

Amount Raised

$8 Million

Round Type

Series A

KitchenerBiotechnologySoftwareArtificial IntelligenceMachine Learning

Investors

Breakwater VenturesAvenue Growth Partners

Description

Kitchener-Waterloo-based Scispot has secured $8 million USD in Series A funding to enhance its AI-powered platform for life sciences labs. With over 125 labs using its technology, the company aims to scale operations and meet growing demand. This funding round was led by Avenue Growth Partners, with participation from Breakwater Ventures. Scispot's goal is to streamline lab processes, enabling faster market research.

Who else raised in Biotechnology and Software around the same time

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

  • Telepatía AI raised $33M (Series A) on July 9, 2026.
  • Katalyze AI raised $11M (Seed) on July 6, 2026.
  • Nerveli raised $170K (Pre-Seed) on June 29, 2026.
  • Perceptic raised $12M (Seed) on May 27, 2026.
  • Dehaze GmbH raised $3.7M (Seed) on April 28, 2026.
  • H2LooP raised $2M (Seed) on July 18, 2026.

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Company Information

Company

Scispot

Location

Kitchener, Ontario, Canada

About

Scispot is a leading life science tech stack provider on a mission to transform every biotech and pharma company into an AI powerhouse. The company's Gen AI-powered data infrastructure has become the preferred choice for hundreds of digital biology companies, offering a solid foundation for growth. Scispot automates biotech R&D workflows and makes R&D data AI-ready, setting new standards in research and development.

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Related People

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Scispot 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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