Labster Secures $10M in Series A Funding

Labster ApS, a Copenhagen, Denmark-based provider of virtual lab simulations, secured $10m in Series A funding.

Backers included Balderton Capital, Northzone and Unity Technologies founder David Helgason.

The company intends to use the funds to continue its expansion in in the US and Europe, as well as initiate special projects in South America, the Middle East and Africa, develop new simulations for students in chemistry, physics and medicine, and to conduct research into the learning impact of virtual content and new technologies on students from around the world.

Led by founder and CEO Mads Tvillinggaard Bonde, Labster produces virtual laboratory simulations which enable students from all over the world to experience science. The tech company creates interactive advanced virtual lab simulations that use technology from computer gaming and research on the psychology of learning to guide students through real science experiments.
Working with customers including Massachusetts Institute of Technology in Cambridge, USA, and Imperial College in London, Labster develops simulations designed to deepen students’ learning, as well as to prepare them for more advanced studies in real labs.
University students can perform simulations of experiments as many times as they need to, around their own timetable on their own devices, or in a classroom with the guidance of a teacher.
Labster has a bank of more than 64 simulations, from a basic introduction to acids and bases where students perform a simulation of handling corrosive chemicals, to a simulation of using a confocal microscope. All simulations include games and challenges to keep students engaged and learning. Increasingly simulations can be accessed through Virtual Reality headsets to give the student the experience of actually being in the lab.

The company has customers at over 150 institutions in 25 countries, including ETH in Zurich, Harvard Medical School, MIT and Imperial College.

FinSMEs

11/09/2017

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