10 years ago
LabMinds Raises $3.2 Million for Automated Lab Technology
LabMinds, an Oxford-based startup developing a unique chemical production system called Revo, has raised $3.2 million through crowdfunding platform VentureFounders
The company's automated system improves efficiency, traceability, accuracy, health and safety, and reduces waste in the chemical solution preparation process
The Angel CoFund contributed $800,000 to the raise, highlighting the entrepreneurial talent emerging from British universities.
ProblemTechnology
"efficiently preparing chemical solutions in laboratories"
Solution
"Revo, a fully automated system that speeds up and optimizes solution preparation"