What is Labster?
Labster is dedicated to developing fully interactive virtual laboratory simulations designed to enhance traditional learning outcomes by stimulating students' natural curiosity and reinforcing the connection between science and the real world. These simulations serve a dual purpose, functioning as either a full lab replacement or a supplemental learning activity. With over 3 million students in high schools and universities globally utilizing Labster, the platform provides a risk-free environment for performing realistic experiments, learning key science concepts, and practicing skills. The company collaborates with over 1,000 leading educational institutions worldwide, including ETH in Zurich, MIT, and Imperial College, to improve science learning.
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 Northzone and Balderton Capital
Series B (2019): $21M supported by Owl Ventures
Unspecified (2020): $9M featuring GGV, Northzone, Owl Ventures, and Balderton
Unspecified (2021): $9M backed by Balderton, Northzone, Owl Ventures, and GGV Capital Group
Series C (2022): $107M with participation from Balderton, Educapital, Pirate Impact, NPF Technologies, Swisscom Ventures, GGV Capital, Andreessen Horowitz, Northzone, Owl Ventures, and Sofina
Key Investors in Labster
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences. The company supports a diverse range of edtech companies, including those providing tools for personalized tutoring, virtual classrooms, and workforce upskilling.
Balderton
Balderton Capital is a London-based venture capital firm that raises dedicated funds to invest in early-stage, high-growth technology companies across Europe, typically leading Seed and Series A rounds.
Northzone
Northzone is a multi-stage venture capital fund built on experience spanning multiple economic and disruptive technology cycles, with over $1.7 billion under management. Founded in 1996, it has invested in over 150 companies.
What's next for Labster?
The recent major strategic investment in Labster signals a strong confidence from its backers in the company's trajectory and its potential to further disrupt the educational landscape. This capital infusion is expected to fuel product development, expand its global reach, and enhance its platform's capabilities. As an established entity in the edtech space, Labster is well-positioned to leverage this funding to solidify its market leadership and continue its expansion into new educational markets and pedagogical approaches. The company's focus on interactive, accessible science education aligns with the growing demand for digital learning solutions.
See full Labster company page
