How Much Did go.drugbank.com Raise?
Funding & Key Investors

go.drugbank.com has secured $9M in total financing, with a recent major strategic investment of $9M announced on April 11, 2022. This significant capital infusion positions the company for its next phase of growth in the bioinformatics and cheminformatics sector.

What is go.drugbank.com?

go.drugbank.com
Media & InternetData Collection & Internet Portals

DrugBank, founded in 2006 and based in Alberta, Canada, operates as a critical bioinformatics and cheminformatics resource. The platform uniquely integrates detailed drug data with comprehensive drug target information, serving as an essential tool for researchers and developers in the pharmaceutical and life sciences industries. The company's recent major enterprise-level funding underscores its established position and potential for further expansion.

How much funding has go.drugbank.com raised?

go.drugbank.com has raised a total of $9M across 1 funding round:

2022

Angel/Seed

$9M

Angel/Seed (2022): $9M with participation from Brightspark Ventures and Amplitude Ventures

Key Investors in go.drugbank.com

Brightspark Ventures

Brightspark Ventures is a Canadian venture capital firm established in 1999, specializing in providing growth capital and expertise to disruptive, market-transforming Canadian tech companies from seed to growth stages.

Amplitude Ventures

Amplitude Ventures is a Canadian precision medicine-focused venture capital firm that deploys a growth model to scale companies with world-class management teams, having launched its first private capital fund in November 2019.

What's next for go.drugbank.com?

With a recent major strategic investment, go.drugbank.com is poised to accelerate its development and market penetration. This capital will likely fuel advancements in its drug data and target information capabilities, potentially expanding its reach into new therapeutic areas or enhancing its analytical tools. The company's trajectory suggests a focus on scaling its operations and solidifying its role as a key player in the drug discovery and development ecosystem.

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Frequently Asked Questions Regarding go.drugbank.com Financial Insights

What are the most recent funding rounds that go.drugbank.com has completed, and what were the funding rounds?
go.drugbank.com has recently completed 1 funding rounds: Angel/Seed on Apr 11, 2022.
What is the total amount of funding go.drugbank.com has raised to date?
go.drugbank.com has raised a total of $9M in funding to date.
How many funding rounds has go.drugbank.com completed?
go.drugbank.com has completed 1 funding rounds.
How much funding did go.drugbank.com raise in its most recent funding round?
go.drugbank.com raised $9M in its most recent funding round.
Who are the lead investors in go.drugbank.com's latest funding round?
The lead investor in go.drugbank.com's latest funding round was Brightspark Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in go.drugbank.com's history?
The largest funding round in go.drugbank.com's history was $9M.
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