# LASE Innovation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lase-innovation

- Industry: Medical Devices & Equipment
- Headquarters: Woburn, US
- Website: www.laseinnovation.com
- Total disclosed funding: $5M
- Latest round: Series A (Jul 21, 2020)
- Investors on record: 2

## About

LASE Innovation Inc. specializes in advanced life-science tools, focusing on high-dimensional single-cell analysis through its innovative LP Cell Barcoding™ platform, enhancing the research capabilities in the life sciences sector.Founded in 2018, LASE Innovation Inc. operates from Woburn, US. The company focuses on high-dimensional single-cell analysis and has not undergone any noted pivots. Sheldon Kwok serves as both the founder and CEO. In July 2020, LASE Innovation raised KRW 6 billion in a Series A funding round led by Otium Capital, with Kakao Ventures participating. This funding round constitutes the total amount raised by the company so far, which is KRW 6 billion.LASE Innovation's primary offering is the LP Cell Barcoding™ platform, which employs novel laser particle technology for high-dimensional single-cell analysis. This system allows researchers to identify and track individual cells across platforms such as flow cytometry, imaging, and sequencing. It serves clients in the life sciences sector, including academic institutions and pharmaceutical companies across North America, Europe, and Asia.The company's revenue is generated from the sale of the LP Cell Barcoding™ platform and related single-cell analysis services. LASE Innovation operates on a business-to-business model, engaging with research institutions and pharmaceutical firms through customized service agreements that may involve multi-year contracts or subscription models. Revenue is obtained through initial setup fees, training, and ongoing usage of the technology, structured to meet client needs with tiered pricing based on the service volume required.Following its Series A funding round in July 2020, LASE Innovation plans to enhance its product offerings and expand into new markets. The funds raised will support the development of upcoming products designed for broader applications in single-cell analysis. The company is targeting expansion into new geographic regions, though specific timelines for these initiatives have not been disclosed.

## Funding rounds

- Series A, Jul 21, 2020, $5M — Kakao Ventures, Otium Capital

## Investors

- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Series A
- Otium Capital (https://capitalatlas.ai/funds/otium-capital) — Series A