COPENHAGEN and BOSTON – April 6, 2022 – Labster ( www.labster.com), the world’s leading platform for virtual labs and interactive science, has raised $47 million in additional funding to support massive growth opportunities worldwide. This new capital infusion will enable Labster to further develop in Europe and the United States and to establish itself within Asia and Latin America. By investing more funds into its library of science simulations and expanding its reach to younger students and adult workforce skills training, Labster will be able to serve 100 million students around the world through its institutional and government partnerships.
Total investment in Labster now stands at $147 million. This new financing tranche is sourced from new investors: Sofina Group and Pirate Impact, along with fresh infusions from existing investors: Owl Ventures, Andreessen Horowitz, EduCapital, NPF Technologies, and GGV Capital. They are joining the Series C round announced in 2021 led by Andreessen Horowitz. Additional investors included Balderton Capital, Northzone, Swisscom Ventures, and David Helgason, founder of Unity Technologies.
“As a contributor to sustainable development, Sofina is proud to support Labster’s vision of empowering millions of students with an engaging STEM learning experience,” said Bertrand Fawe, investment manager at Sofina Group. “The use of immersive virtual reality technology will continue to play a growing role in the delivery of education.”…Read More