Existing investor OATV took part in a $20m debt and equity round that boosted the total raised by the research services platform to approximately $78m.
US-based research and development services marketplace Science Exchange has received $20m in debt and equity financing from a consortium including OATV, media company O’Reilly’s corporate venturing unit.
The round was co-led by venture capital firms Maverick Ventures and Norwest Venture Partners (NVP) and also featured Union Square Ventures (USV), Collaborative Fund, Windham Ventures and Silicon Valley Bank (SVB).
Founded in 2011, Science Exchange runs an online network of R&D services providers that can fulfil specific functions for businesses looking to…