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Tobin Scientific raised $65M in funding, led by Denali Growth Partners and Truck 9 Partners, to enhance its cGMP-compliant storage and logistics capacity.

May 12, 20257 months ago

Amount Raised

$65 Million

BeverlyTransportationLogistics

Investors

Eastern BankTruck 9 PartnersDenali Growth Partners

Description

Tobin Scientific, based in Beverly, MA, raised $65M in funding. The round was led by Denali Growth Partners and Truck 9 Partners with participation from Eastern Bank. The funds will support its growth and enhance logistics capacity in key pharmaceutical hubs. Tobin provides specialized services for the life sciences industry.

Company Information

Company

Tobin Scientific

Location

Beverly, Massachusetts, United States

About

Tobin Scientific is a trusted leader in biopharma cold chain, ambient storage, and transport & logistics services. With a national footprint and decades of experience, Tobin Scientific offers a wide range of services, including laboratory relocation, ULT transport, and cGMP warehousing. The company is dedicated to ensuring the safe and reliable transport and storage of temperature-sensitive products.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech