Labster is incredibly excited to announce the completion of a Series B funding round that will enable the creation of more virtual lab simulations and the scaling of focus markets, making high quality science education available to more students around the world.
The raised amount will go towards accelerating the expansion of Labster’s simulation catalog and development of new lab simulations, giving students and educators alike even more access to realistic lab experiences. The funding will also enable Labster to continue to scale its U.S. operations, including customer support and sales.
“Sixty-six years ago today, two scientists changed the world when they published their discovery of DNA’s double helix structure. It’s our goal to empower the next generation of scientists to make more revolutionary discoveries like these,” said Michael Bodekaer, Labster co-founder about Labster’s vision for science education. “Labster is making STEM education more easily accessible and engaging for students around the globe by providing unique, interactive experiences in laboratory environments that are typically inaccessible to most people. This funding will enable us to develop new simulations and content from a wide range of STEM fields, creating more opportunities for students to learn, experiment and explore.”
The funding round is led by Owl Ventures. Balderton Capital, Northzone and Swisscom Ventures also participated in the round, while Nordic Makers, David Helgason, EduCapital and Entangled Group made follow-on investments.
“Labster is a breakthrough company that is transforming how students from around the world access virtual labs and STEM curricula. Their initial offering is unrivaled in terms of product quality and student experience. The pace of adoption combined with the acceleration in student achievement is simply amazing. We are thrilled to partner with Labster as they scale their leading global platform,” said Tory Patterson, Managing Director at Owl Ventures.
“Mads, Michael and the Labster team continue to improve access to STEM education and redefine what is possible for both students and educators,” said Lars Fjeldsoe-Nielsen, general partner, Balderton Capital. “We’re proud to support Labster as it expands throughout the U.S., making its virtual labs and simulations available to more students and inspiring a new generation to pursue STEM-related fields.”
Read more about the announcement here:
- EdSurge: Labster Raises $21 Million to Bring More Digital Lab Simulations to Classrooms
- TechCrunch: Labster scores $21M Series B to bring VR to STEM education
- CrunchBase: Science Made Accessible: Labster Scores $21M In Series B
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