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Venture Capital News: Tobin Scientific Closes $65M Investment

2025-05-05
BOSTON, MA, Tobin Scientific announced that it has closed a $65 investment.
Tobin Scientific, a leading provider of cGMP storage, biorepository services, and specialized logistics for the life sciences industry, announced that it has closed a significant capital raise to support its next phase of growth. Denali Growth Partners and Truck 9 Partners led the minority growth equity investment, and Eastern Bank provided a comprehensive financing package to support Tobin Scientific's growth plans. The funding will be used to expand Tobin Scientific's cGMP-compliant storage and logistics capacity, broaden its geographic footprint in key pharmaceutical hubs, and support targeted M&A initiatives across the broader life sciences supply chain. There has been no change of control, and the executive management team remains in place.
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