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Labster funding, valuation and investors
Virtual laboratory simulations for STEM higher-education and corporate training.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series C
$60M · February 2021
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$60M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Copenhagen, Denmark
Overview
Labster provides virtual laboratory simulations where STEM students run experiments in immersive 3D environments when physical lab access is limited or costly. The platform serves higher-education institutions and corporate training programs with 300+ simulations across biology, chemistry, physics, and engineering. Andreessen Horowitz led a $60M Series C in February 2021 with GGV Capital, Balderton Capital, and Owl Ventures participating.
Why Labster is interesting
Labster democratizes lab access via 3D simulations — a16z led a $60M Series C in 2021 as COVID accelerated digital lab adoption in universities worldwide.
Product & use cases
Labster's 3D virtual labs let students conduct experiments with real scientific methodology — pipetting, microscopy, PCR, and more — in browser-based simulations with assessment and LMS integration.
- University STEM lab courses when physical labs are full or unavailable
- Pre-lab preparation before hands-on sessions
- Corporate biotech and pharma training simulations
- Remote and online degree program lab requirements
Key facts
- Series C (Feb 2021): $60M led by a16z — PR Newswire
- 300+ virtual lab simulations
- Copenhagen-founded; global university customers
Funding history (newest first)
Investors in our directory
Funds linked from Labster's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: 300+ simulation catalog with pedagogical design and LMS integrations — depth competitors struggle to match.
Virtual labs supplement rather than replace physical labs. Labster benefited from COVID-driven adoption but must prove retention post-pandemic. International expansion (US, Europe) diversifies from Danish origins.
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PraxiLabs direct
Virtual lab simulations for MENA markets.
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Visible Body adjacent
Anatomy simulations; narrower scope.
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Physical university labs incumbent
Gold standard but capacity-limited and expensive.
Notable stories
- Labster's $60M Series C in February 2021 came as universities worldwide sought digital lab alternatives during COVID-19 campus closures.
- Founded in Copenhagen in 2011, Labster expanded to US universities before a16z led the growth round.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Labster's financing or category context.
FAQs about Labster
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