The Venture Codex Logo

The Venture Codex

LabMinds

230 Somerville Ave, Somerville, Massachusetts, 02143, United States

Overview

LabMinds is an award-winning lab automation robotics company focused on automating solution preparation with its Revo technology. The company's core product is the Revo automated solution preparation system, which automates manual buffer solution preparation used across drug-development labs. LabMinds plans to commercialize the Revo system, develop new products, and expand its team. Company leadership and investors say customer feedback and validation for Revo have been positive and that the technology addresses time- and resource-wasting manual processes. The company completed an oversubscribed $6.4M funding round in the third quarter to support these initiatives. LabMinds' management emphasized that automating buffer preparation will free scientists to focus on drug development.

Total raised
$6M
Funding rounds
1
Latest round
Equity
Latest activity
Nov 2021

Industries

  • 3D Printing
  • Artificial Intelligence (AI)
  • Big Data
  • Biopharma
  • Biotechnology
  • Hardware
  • Life Science
  • Machine Learning
Visit website

Recent funding

  1. Equity

    Nov 2021

    $6M

Team