2 years ago
Automata Raises $40 Million for Automated Lab Robots
Automata, a London-based medtech company specializing in automated lab robots, has secured $40 million in funding led by Dimension
The company's LINQ lab automation benches are designed for wet labs and are used by reference labs, hospitals, and global biopharma and biotech companies
The funding will be used to expand the company's global deployments, particularly in the US, and to scale its investments in building a category-defining lab automation platform
Automata's robots are designed to address the limitations of traditional lab automation methods, providing scientists with innovative and efficient solutions.
ProblemHealthcare
"Lab automation is stuck in the past, with scientists relying on custom integrations, point solutions, and inadequate software and infrastructure."
Solution
"Automata's LINQ lab automation benches are designed for wet labs and are estimated to be operational for 20 times more hours in 2023. They are used by reference labs, hospitals and global biopharma and biotech."