How Much Did LabGenius Raise?
Funding & Key Investors

LabGenius, a pioneer in the integration of machine learning and synthetic biology, has successfully secured a major strategic investment, bringing its total capital raised to $73.2M. This latest infusion of $44.5M underscores the company's robust growth trajectory and its pivotal role in the next generation of protein engineering. By leveraging its proprietary EVA platform, LabGenius continues to attract significant institutional backing, positioning itself as a leader in the high-stakes field of automated drug discovery and molecular design.

The company's funding history reflects a clear maturation path, beginning with its initial seed financing in 2017, followed by a substantial Series A in 2020, and culminating in this recent Series B milestone. This capital injection provides the necessary runway to scale operations and further refine its robotic automation capabilities, ensuring the firm remains at the forefront of the biotechnology sector.

What is LabGenius?

LabGenius
Business ServicesResearch & Development

Headquartered in London, LabGenius operates at the intersection of computer science, synthetic biology, and robotic automation. Its core asset, the EVA platform, represents a paradigm shift in how proteins are engineered, moving away from traditional, manual laboratory processes toward a data-driven, iterative discovery model. By synthesizing expertise in software engineering, data science, and molecular biology, the company is effectively shortening the development cycle for novel therapeutics. The firm's market position is defined by its ability to solve complex biological challenges through computational precision, making it a critical partner for enterprise-level pharmaceutical and biotech organizations seeking to accelerate their R&D pipelines.

How much funding has LabGenius raised?

LabGenius has raised a total of $73.2M across 3 funding rounds:

2017

Angel/Seed

$3.7M

2020

Series A

$25M

2024

Series B

$44.5M

Angel/Seed (2017): $3.7M with participation from Berggruen Holdings, Kindred Capital, Acequia Capital, Beast Ventures, and System.One.

Series A (2020): $25M led by Chris Gibson, The Obvious, Air Street Capital, Atomico, Patrick Pichette, Felicis Ventures, Lux Capital, and Inovia Capital

Series B (2024): $44.5M supported by Octopus Ventures, M/ventures, and LG

Key Investors in LabGenius

Octopus Ventures

Octopus Ventures is a founder-focused venture capital firm backing mission-driven companies across software, climate, health, and financial technology, offering long-term capital and strategic guidance.

M/ventures

M/ventures is the investment arm of M/CAPITAL PARTNERS, providing smart money and operational support to promising startups across diverse industries.

LG

LG Corp is a global holding company managing a vast portfolio of subsidiaries in electronics, chemicals, and telecommunications, providing significant industrial backing to innovative ventures.

What's next for LabGenius?

With the successful closure of this major strategic investment, LabGenius is poised to accelerate the deployment of its EVA platform across broader therapeutic applications. The company's strategic roadmap likely involves expanding its internal R&D capacity and deepening its partnerships with global pharmaceutical entities. As the biotech industry increasingly pivots toward AI-native discovery, LabGenius is well-positioned to capitalize on the demand for high-throughput, automated protein engineering. Future growth will likely focus on scaling its robotic infrastructure and enhancing its machine learning models to address increasingly complex protein structures, thereby solidifying its competitive advantage in the global life sciences market.

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Frequently Asked Questions Regarding LabGenius Financial Insights

What are the most recent funding rounds that LabGenius has completed, and what were the funding rounds?
LabGenius has recently completed 3 funding rounds: Series B on May 21, 2024, Series A on Oct 29, 2020, Angel/Seed on Nov 23, 2017.
What is the total amount of funding LabGenius has raised to date?
LabGenius has raised a total of $73.2M in funding to date.
How many funding rounds has LabGenius completed?
LabGenius has completed 3 funding rounds.
How much funding did LabGenius raise in its most recent funding round?
LabGenius raised $44.5M in its most recent funding round.
Who are the lead investors in LabGenius's latest funding round?
The lead investor in LabGenius's latest funding round was Octopus Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LabGenius's history?
The largest funding round in LabGenius's history was $44.5M.
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