June 30, 2017
Science Exchange Raises $28M in Series C Funding
Science Exchange, a Palo Alto, CA-based platform for outsourced research and development (R&D), raised $28m in Series C funding.
The round was led by Norwest Venture Partners with participation from existing investors Union Square Ventures, Maverick Capital, and Collaborative Fund.
As part of the Series C, Casper de Clercq, General Partner at Norwest, will join the company’s board.
Led by CEO Elizabeth Iorns, Ph.D., Science Exchange allows researchers to secure access to more than 2,500 of the world’s premier outsourced R&D service providers, qualified contract research organizations (CROs), contract manufacturers (CMOs), academic labs, and government facilities.
Additionally, the Science Exchange enterprise program enables organizations to consolidate research R&D outsourcing spend.