Company | Labster |
Fund Raised | $60M |
Investor | Andreessen Horowitz |
Co-Founder/CEO | Michael Bodekaer Jensen |
Website | https://www.linkedin.com/company/labster |
Valuation | $800M |
Virtual laboratory simulations, Labster raised $60 million led by Andreessen Horowitz in a series C fundraising round. The round was co-participated by ex-investors.
CEO Michael Bodekaer Jensen said that after this round the total fund raised to date is $100 million and will use these funds for growing team size and global expansion.
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Moreover, Labster helps thousands of students by providing real-life simulators so that they can perform experiments without getting harmed. Also, Labster has collaborations with more than 2,000 colleges and signed new bonds soon.