What is Labster?
Labster is a leading provider of fully interactive virtual laboratory simulations designed to augment traditional science curricula. By creating immersive, game-based environments, the platform allows students to perform complex experiments that might otherwise be cost-prohibitive or physically dangerous in a standard classroom setting. The company's market position is solidified by its extensive reach, serving over 3 million students across more than 1,000 prestigious institutions, including MIT and ETH Zurich. Labster effectively functions as a digital catalyst for scientific literacy, offering solutions that range from supplemental learning modules to comprehensive lab replacements, thereby addressing the evolving needs of modern educational ecosystems.
How much funding has Labster raised?
Labster has raised a total of $159.7M across 6 funding rounds:
Unspecified
$3.7M
Series A
$10M
Series B
$21M
Unspecified
$9M
Unspecified
$9M
Series C
$107M
Unspecified (2016): $3.7M with participation from Innovationsfonden
Series A (2017): $10M led by Balderton Capital and Northzone
Series B (2019): $21M supported by Owl Ventures
Unspecified (2020): $9M featuring GGV, Northzone, Owl Ventures, and Balderton
Unspecified (2021): $9M backed by Northzone, GGV Capital Group, Balderton, and Owl Ventures
Series C (2022): $107M with participation from Pirate Impact, GGV Capital, Andreessen Horowitz, Northzone, NPF Technologies, Swisscom Ventures, Owl Ventures, Sofina, Balderton, and Educapital
Key Investors in Labster
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences and democratize access to quality education.
Northzone
Northzone is a multi-stage venture capital fund with a history of backing category-defining technology businesses across multiple economic cycles.
Balderton Capital
Balderton Capital is a London-based venture firm that specializes in supporting high-growth technology companies through global scale-up and exit phases.
What's next for Labster?
With the infusion of its latest capital, Labster is well-positioned to deepen its market penetration and enhance its technological capabilities. The strategic focus will likely center on expanding its library of simulations to cover a broader spectrum of scientific disciplines and integrating advanced analytics to provide educators with deeper insights into student performance. As the demand for hybrid and remote learning models persists, Labster is poised to remain a cornerstone of the digital transformation in higher education. The company will likely prioritize global partnerships and platform scalability to maintain its competitive edge in the rapidly maturing EdTech market.
See full Labster company page
