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Recently Funded|Amount: GBP 35.0M|Industry: Biotechnology Research

LabGenius Secures $35 Million in Series B Funding for Groundbreaking Protein Therapeutics Platform

LabGenius

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51-200 employees employees (Est.)
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LabGenius, a pioneering biopharmaceutical company, has successfully raised an impressive $35 million in its latest funding round, highlighting the growing interest and confidence in innovative approaches to drug development. As the first company to harness a machine learning-driven evolution engine, known as EVA™, LabGenius is at the forefront of creating next-generation protein therapeutics. This substantial investment will enable the company to expand its revolutionary protein engineering platform, which integrates cutting-edge technologies from machine learning, synthetic biology, and robotics. By leveraging the power of EVA™, LabGenius aims to accelerate the discovery and optimization of protein-based therapeutics, promising to deliver more effective treatments for a variety of diseases that currently have limited options. The funds will be allocated toward enhancing their research capabilities, scaling up their operations, and advancing their pipeline of innovative therapies. This funding marks a significant milestone in LabGenius's mission to transform the landscape of biopharmaceuticals, ensuring that humanity can benefit from the robust capabilities of protein therapeutics enhanced through advanced technology. As LabGenius continues its journey, this new infusion of capital stands as a testament to their commitment to pushing the boundaries of science and delivering groundbreaking solutions that could significantly improve patient outcomes worldwide. The future looks bright for LabGenius as they embark on this next chapter of growth and innovation in the biopharmaceutical sector.
July 31, 2024

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Our AI suggests LabGenius may be interested in solutions related to:

  • Investments
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  • Biopharmaceutical Development
  • Technology Development
  • AI Solutions

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