Latest round

Seed

Last raised

Jul 2010

Total raised

Undisclosed

Investors

1

About LabMinds

LabMinds, Inc.Founded in 2009 and headquartered in Somerville, US, LabMinds, Inc. specializes in laboratory automation. In December 2022, the company was acquired by Accroma Labtec Ltd. to expand its market potential.LabMinds, Inc. offers the accroma® bufferPrep System, an automated solution designed to streamline the preparation of laboratory buffers. This system connects up to 26 chemicals, allowing for customizable buffer solutions.LabMinds, Inc. generates revenue through direct sales of the accroma® bufferPrep System and associated consumables to B2B clients in the pharmaceutical and biotechnology sectors.Following its acquisition in December 2022, LabMinds, Inc. plans to leverage its new resources to expand its customer base.40 mn will support efforts to enhance product offerings and penetrate new markets, focusing on increasing reach within Europe and North America by 2024. The company is actively designing new products to better serve laboratory automation needs.

Who invested in LabMinds

1 investor across 1 round

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Funding rounds

  1. Seed

    Jul 23, 2010

    Amount

    Undisclosed

    Investors

    Locked

Questions about LabMinds

Who invested in LabMinds?

LabMinds has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has LabMinds raised?

LabMinds has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did LabMinds last raise money?

LabMinds's most recent round on record is a Seed, in Jul 2010.

What does LabMinds do?

LabMinds is a hardware company.

Where is LabMinds headquartered?

LabMinds is headquartered in Somerville, US.

Which VCs invest in companies like LabMinds?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at LabMinds's stage. Their profiles are linked below.

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