What is Science Lab?
M.D. Science Lab, operating under the Swiss Navy and BioXGenic brands, is a specialized formulator of premium quality lubricants and health supplements. With over two decades of industry experience, the company is committed to delivering both branded and private label products, all manufactured in the USA to ensure stringent quality control. Their focus is on serving businesses that require dependable, high-standard health and wellness products, positioning them as a key player in the contract manufacturing space for the health sector.
How much funding has Science Lab raised?
Science Lab has raised a total of $786K across 2 funding rounds:
Debt
$350K
Debt
$436K
Debt (2020): $350K with participation from PPP
Debt (2021): $436K led by PPP
What's next for Science Lab?
The recent major strategic investment indicates a phase of accelerated growth and market expansion for Science Lab. This capital infusion is likely to fuel advancements in product development, enhance manufacturing capabilities, and broaden distribution channels. The company's established expertise in formulating high-quality lubricants and supplements, coupled with its commitment to domestic manufacturing, provides a strong foundation for leveraging this new financing to solidify its market position and explore new opportunities within the health and wellness industry.
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