Latest round

Seed

Last raised

Dec 2024

Total raised

$2.4M

Investors

5

About mo:re

mo:re is a technology company specializing in robotic solutions that automate medical research processes, enhancing efficiency and standardization in cell culture studies. Founded in 2023 in Hamburg, Germany, mo:re develops innovative research automation tools., Innovationsstarter Fonds Hamburg, and Nidobirds Ventures GmbH.The company specializes in a compact robotic and software platform designed to enhance the capabilities of medical research studies. Their primary offering includes an AI-assisted 3D cell culture robot, which automates cultivation processes to ensure cell survival and standardization throughout both short- and long-term research studies. This innovative device streamlines experimental planning by providing standardized protocols and adhering to industry best practices, thereby enhancing traceability and reproducibility essential for research publications and regulatory approvals.The company's revenue model centers around direct sales and possibly subscription services related to its robotic technologies and software solutions. Transactions typically occur between the firm and its clients, which include academic institutions and pharmaceutical companies that require efficient laboratory automation solutions. Clients may engage with the company to procure the flagship Mo:re Robot, which is instrumental in expediting research processes. The pricing structure is designed to accommodate varying client needs and project scales, with different packages available for single-unit purchases and potential subscription options for ongoing software support and updates.22 million post-money. The company plans to enhance its product offerings, focusing on the development of new versions of its robotic solutions targeted at research facilities globally. Specific regions for market expansion have not been detailed, but the goal is to penetrate advanced biomedical research markets by 2025.

Who invested in mo:re

5 investors across 1 round

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Funding rounds

  1. Seed

    Dec 9, 2024

    Amount

    $2.4M

    Investors

    Locked

Questions about mo:re

Who invested in mo:re?

mo:re has 5 investors 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 mo:re raised?

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

When did mo:re last raise money?

mo:re's most recent round on record is a Seed, in Dec 2024.

What does mo:re do?

mo:re is a technology company specializing in robotic solutions that automate medical research processes, enhancing efficiency and standardization in cell culture studies.

Where is mo:re headquartered?

mo:re is headquartered in Hamburg, Germany.

Which VCs invest in companies like mo:re?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back pharmaceuticals companies at mo:re's stage. Their profiles are linked below.

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