LabMinds Raises $6.4M in Funding
- LabMinds Inc., a Boston, MA-based lab automation robotics company, closed a $6.4M funding round
- The round was completed by the company’s major investors including Waters Corporation and Red Deer Capital and also included funding from new investors
- The company intends to user the funds for commercialization of its automated solution preparation system, develop new products, and expand the team
- The company is the pioneer in AI and Robotics for solution preparation in pharmaceutical and life science labs
- With over a billion recipes available, its intelligent system comes preloaded with recipes from a core library of solutions as well as customer-specific solutions
