SmartLabs Raises $48M in Series C Funding

SmartLabs

SmartLabs, a Boston, MA-based provider of flexible laboratory infrastructure and resourcing solutions, raised $48M in Series C funding.

The round included participation from ArrowMark Partners, Winslow Capital Management, and Conversion Venture Capital (CVC2).

The company intends to use the funds to expand operations and its business reach.

SmartLabs delivers resourced lab environments at enterprise-scale that offer multifunctional research and development spaces, vivariums, process development and pilot-scale suites, and cGMP capacity under one roof on both the East and West Coasts. This ability allows companies of all stages and sizes to launch, scale, and shift as programs and projects evolve. By co-locating R&D infrastructure and resources with manufacturing solutions, it facilitates collaboration and access between all players in the R&D and manufacturing space.

FinSMEs

18/01/2024