What is Labster?
Labster is dedicated to developing fully interactive virtual laboratory simulations designed to enhance traditional learning outcomes by stimulating students' natural curiosity and reinforcing the connection between science and the real world. These simulations serve a variety of pedagogical purposes, from full lab replacements to supplemental learning activities. With over 3 million students in high schools and universities worldwide utilizing Labster, the platform provides a risk-free environment for performing realistic experiments, learning key science concepts, and practicing skills. Labster collaborates with over 1,000 leading educational institutions globally, including ETH in Zurich, MIT, and Imperial College, to improve science learning.
How much funding has Labster raised?
Labster has raised a total of $159.7M across 6 funding rounds:
Unspecified
$3.7M
Series A
$10M
Series B
$21M
Unspecified
$9M
Unspecified
$9M
Series C
$107M
Unspecified (2016): $3.7M with participation from Innovationsfonden
Series A (2017): $10M led by Balderton Capital and Northzone
Series B (2019): $21M supported by Owl Ventures
Unspecified (2020): $9M featuring GGV, Northzone, Owl Ventures, and Balderton
Unspecified (2021): $9M backed by GGV Capital Group, Northzone, Balderton, and Owl Ventures
Series C (2022): $107M with participation from Northzone, Balderton, Educapital, Owl Ventures, GGV Capital, Andreessen Horowitz, NPF Technologies, Swisscom Ventures, Pirate Impact, and Sofina
Key Investors in Labster
Balderton Capital
Balderton Capital is a London-based venture capital firm that invests in early-stage, high-growth technology companies across Europe, typically leading Seed and Series A rounds and supporting founders through global scaleup and exits.
Northzone
Northzone is a multi-stage venture capital fund built on experience spanning multiple economic and disruptive technology cycles, with over $1.7 billion under management. Founded in 1996, Northzone has invested in more than 150 companies, including category-defining businesses like Spotify and Klarna.
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences and democratize access to quality education. They support a diverse range of edtech companies, including those providing tools for personalized tutoring and virtual classrooms.
What's next for Labster?
The recent major strategic investment signifies Labster's robust position and future potential within the rapidly evolving edtech landscape. This capital injection is expected to fuel further innovation in its virtual laboratory simulation technology, potentially expanding its reach into new academic disciplines and geographical markets. Labster's ongoing collaborations with top-tier educational institutions suggest a strategic focus on deepening its impact and solidifying its role as a leader in digital science education, preparing students for future scientific and technological challenges.
See full Labster company page
