What is SAM Labs?
SAM Labs provides engaging courses designed to teach STEAM and coding with confidence, catering to both specialist and generalist educators. Their offerings include easy-to-use solutions that empower students to conduct experiments, solve problems, and design prototypes. The company's kits feature practical, curriculum-aligned courses for Grades K-8, complemented by Bluetooth-connected hardware blocks and interactive software, all aimed at mastering computational thinking. SAM Labs fosters a vibrant community of practice, accessible via SAMLabs.com, and maintains a presence on major social media platforms.
How much funding has SAM Labs raised?
SAM Labs has raised a total of $20.1M across 3 funding rounds:
Private Equity
$4.5M
Series A
$6.8M
Other Financing Round
$8.9M
Private Equity (2016): $4.5M with participation from Imperial Ventures
Series A (2017): $6.8M led by Touchstone Innovations
Other Financing Round (2019): $8.9M supported by Hans Wackwitz and Olivier de Duve
Key Investors in SAM Labs
Touchstone Innovations
Touchstone Innovations, part of IP Group plc, specializes in identifying and backing science and technology-based businesses with a focus on HealthTech, DeepTech, and CleanTech, aiming to foster innovations that contribute to a healthier, tech-enriched, and sustainable future.
Imperial Ventures
Imperial Ventures, associated with Imperial College London, supports entrepreneurial ventures stemming from world-leading research in science, engineering, medicine, and business, aiming to transform innovative ideas into scalable solutions.
Hans Wackwitz
Undisclosed investor participating in the funding round.
What's next for SAM Labs?
The substantial enterprise-level funding, including the recent strategic investment, positions SAM Labs for significant expansion and further development of its educational technology. This capital infusion is likely to fuel advancements in curriculum content, hardware innovation, and software enhancements, potentially broadening their market reach to new educational segments or geographical regions. The company's focus on computational thinking and STEAM education aligns with growing global trends in digital literacy and future workforce preparedness, suggesting a trajectory towards scaling its impact within the education sector.
See full SAM Labs company page
