Toronto, ON, December 17, 2013 – iGan Partners is proud to announce its investment in Sciencescape, alongside a consortium of investors including BDC, Extreme startups and angel investors. The startup recently completed a successful beta release and is in the process of fully launching the platform to the millions of researchers in academia, government and industry. The financing will be used for developing the platform further, and sales and marketing initiatives.
Sciencescape is a disruptive platform that is changing the way scientific research is discovered and shared. With 23 million historical papers and over 4000 being published each day, the current medical and scientific research system is incredibly outdated. Sciencescape has organized all historical and recent papers and to build the “plumbing” of research through the web and mobile. Its advanced machine learning and NLP algorithms deliver personalized, accurate streams of peer reviewed research to scientists in real time, solving the problem of publication overload researchers face today.
“We have been following the company for a long time and are very excited about this investment. There is a real need for this product in the market today and we are confident in Sam Molyneux and his team’s ability to revolutionize the industry“, said Sam Ifergan, President of iGan Partners.
“We are thrilled to be working with the seasoned entrepreneurs at iGan Partners, as we bring Sciencescape to the world.“, said Sam Molyneux, Founder and CEO of Sciencescape.
About Sciencescape Inc.
Sciencescape is a revolutionary platform that is radically changing the way researchers connect with the latest and most important publications, people, places and products relevant to their field. With an initial focus on the biomedical field, the sophisticated technology will allow Sciencescape to exploit various other markets. For more information, please visit www.sciencescape.org.