Scispot Raises $8M Series A
Scispot, a Kitchener-Waterloo, Ontario-based AI-native operating layer for life sciences laboratories, has announced an $8 million Series A funding round. The company helps biotech, pharmaceutical, and diagnostics teams automate digital lab work, manage millions of samples, and maintain operational traceability across their workflows.
The round was led by Avenue Growth Partners, a Washington, DC-based investment firm focused on early growth equity for vertical technology companies.
Scispot plans to use the new capital to expand its product, engineering, AI, implementation, and customer success teams. The company aims to add high-skill roles in Canada while scaling support for its growing base of life sciences customers across North America and globally.
Founded in 2021, Scispot is an AI-native operating layer designed for modern labs. The platform helps life sciences teams, including those in pharma and genomics, coordinate lab execution by connecting instruments, samples, and workflows. Its mission is to enable the transition toward self-driving labs by turning physical lab activity into structured, traceable data for human review and AI integration.
Funding Details
Company Website: https://scispot.com
Company: Scispot
Raised: $8M
Round: Series A
Funding Date: June 4, 2026
Lead Investor: Avenue Growth Partners
Company Website: https://www.scispot.com
Software Category: Life Sciences Software