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Benchling Raises $7M in Private Financing

NEW YORK (GenomeWeb) – Benchling announced yesterday that it has raised $7 million in a private financing round led by Thrive Capital with participation from existing investor Andreessen Horowitz and angel investors Errik Anderson and Ashton Kutcher.

The digital lab notebook software company said it would use the funding to further invest in its products — which include a design tool for CRISPR guide RNAs and a bioregistry for tracking biological entities — as well as to scale its scientific operations.

"That means launching new modules on the platform and bringing Benchling to ten times more scientists than we reach today," Benchling CEO Sajith Wickramasekara said in a statement.

The financing comes about a year and a half after the company raised $5 million in a private round led by Horowitz.