Additional funding was provided $47M to Labster, a Boston-based company called, which is a provider of a platform that allows interactive science and virtual labs in Copenhagen, Denmark.
This round brings the total amount of funding raised to date at $147m. It was led by Sofina Group, Pirate Impact, and included participation from Owl Ventures and Andreessen Horowitz as well as EduCapital and NPF Technologies and GGV Capital. They will join the Series C round, which was announced by Andreessen Horowitz in 2021. Balderton Capital and Northzone were also investors. Swisscom Ventures was also involved. David Helgason is the founder of Unity Technologies.
The funds will be used by the company to expand in Europe and the United States, as well as to establish itself in Asia and Latin America. Labster is expanding its reach into new regions and hiring across all major team members, including product sales, engineering, customer service, and product sales.
Led by Michael Bodekaer Jensen, CEO, and Mads Tvillinggaard Bonde, co-founder and executive chairman, Labster is dedicated to developing fully interactive virtual training simulations that are designed to enhance traditional learning outcomes by stimulating students’ natural curiosity and reinforcing the connection between science and the real world. You can use the simulations in many different ways. They can be used for a complete lab replacement or as a supplement to learning activities. Labster’s team of 350-plus employees supports over 3,000 universities and high schools, tens of thousands of courses, and millions of students every year. The platform is distributed in 70+ countries on a digital platform which allows seamless access, implementation, integration and sharing with other systems.