Virtual labs platform Labster bags $47M funding to drive further international expansion
Labster, a Copenhagen-based platform for virtual labs and interactive science, has raised $47 million in additional funding. 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.
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 existing investors Owl Ventures, Andreessen Horowitz, EduCapital, NPF Technologies, and GGV Capital.
Founded in 2011, Labster develops interactive virtual training simulations that can be used in a variety of different ways, from a full lab replacement to a supplemental learning activity. The company claims over 5 million students in high schools and universities have used Labster.
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