LabCentral
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$13.0m | Early VC | ||
$22.4m | Late VC | ||
$250k | Grant | ||
Total Funding | CAD48.6m |
Recent News about LabCentral
EditLabCentral is a premier co-working laboratory space designed to support early-stage biotech and life sciences startups. Located in the heart of Cambridge, Massachusetts, LabCentral provides entrepreneurs, founders, and innovative startups with the necessary infrastructure, including state-of-the-art lab space, office areas, and shared equipment. The company operates in the biotech and life sciences market, focusing on fostering innovation and collaboration within this community. LabCentral's business model revolves around leasing lab and office space to startups, offering them access to high-quality resources and a collaborative environment. This setup allows startups to focus on their research and development activities without the operational burdens of setting up their own facilities. LabCentral generates revenue through membership fees and leasing agreements with its clients, which include a diverse range of biotech and life sciences startups aiming to develop breakthrough technologies and therapies. By providing a supportive ecosystem, LabCentral plays a crucial role in accelerating the development of innovations that can improve patient outcomes and save lives.
Keywords: biotech, life sciences, startups, lab space, Cambridge, innovation, collaboration, infrastructure, membership, breakthrough technologies.