When was LabMinds founded?

LabMinds was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is LabMinds located?

LabMinds is headquartered in Boston, United States.

How many employees does LabMinds have?

As of Jul 01, 2024, the latest employee count at LabMinds is 22.

Is LabMinds a funded company?

LabMinds is a funded company, having raised a total of $9.6M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 23, 2010.

When was the latest funding round of LabMinds?

LabMinds' latest funding was a $***** Series C round on Nov 18, 2021, with participation from 2 investors. Its primary sector is Life Sciences Platforms and Tools. In United States, the Life Sciences Platforms and Tools sector has seen $632M in funding in 2026 to date.

Where does LabMinds rank among its competitors?

LabMinds ranks 9th amongst 97 active competitors, of which 21 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Automata, which secured $45M in Jan, 2026.

Who are the top competitors of LabMinds?

LabMinds' top competitors include Automata, Aethon and Transcriptic. Among them, Automata secured the most recent funding round in January, 2026.

LabMinds - 2026 Company Profile, Team, Funding & Competitors

LabMinds is a series C company based in Boston (United States), founded in 2009 by Ville Lehtonen and Camilla Oxley. It operates as an Automating buffer and sample preparation for quality control and digitized labs. LabMinds has raised $9.6M in funding. The company has 97 active competitors, including 21 funded and 14 that have exited. Its top competitors include companies like Automata, Aethon and Transcriptic.

Company Details

Automating buffer and sample preparation for quality control and digitized labs. They innovate and revolutionize sample preparation, pioneering a fully automated and digitized Laboratory. Their systems automate the entire process from chemicals to validated buffers, offering time savings and increased throughput. The cloud-based software allows for quick buffer ordering from any device, with secure and traceable data storage. They offer customizable recipes and predefined platform orders, controlled through a web browser for ease of use and scalability. They focus on sustainability, aiming to create circular economies and reduce their carbon footprint. They provide solutions for automating data handling, ensuring data matches the process for ideal traceability and reproducibility. They offer lab automation, robotics, and software solutions for sample preparation, contributing to the future of digitized laboratories.

Website: labminds.com
Social
Email ID: *****@labminds.com
Phone Number: +1 **********

Key Metrics

Founded Year

2009

Location

Boston, United States

Stage

Series C

Total Funding

$9.6M in 5 rounds

Latest Funding Round

Series C, Nov 18, 2021, $*****

Investors

VentureFounders & 5 more

Ranked

9^th among 97 active competitors

Employee Count

22 as on Jul 01, 2024

Similar Companies

Aethon & 93 more

View LabMinds' full profile

LabMinds has raised a total funding of $9.6M over 5 rounds. Its first funding round was on Jul 23, 2010. Its latest funding round was a Series C round on Nov 18, 2021 for $*****. 2 investors participated in its latest round. LabMinds has 6 institutional investors.

Here is the list of recent funding rounds of LabMinds:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 18, 2021	1273113	Series C	2011990	4641899	4760061	2786628
Jun 03, 2020	9868212	Series B	8352188	8524579	9409445	8036885
2019	7756	Series B	3766	6677	2585	4978

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View details of LabMinds's funding rounds and investors

The founders of LabMinds are Ville Lehtonen and Camilla Oxley.

Here are the details of LabMinds' key team members:

Ville Lehtonen: Founder & CEO of LabMinds.
Camilla Oxley: Founder of LabMinds.

View details of LabMinds's Founder profiles and Board Members

LabMinds' employee count trend

LabMinds has 22 employees as of Jul 24. Here is LabMinds's employee count trend over the years:

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Top competitors of LabMinds include Automata, Aethon and Transcriptic. Here is the list of Top 10 competitors of LabMinds, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Automata 2015, London (United Kingdom), Series C	Developer of modular lab automation platforms for biological research workflows	$177M	Dimension, Hummingbird Ventures & 26 others	67/100
2nd	Aethon 1997, Pittsburgh (United States), Acquired	Autonomous robots for internal logistics in hospitals	$55.3M	Mitsui, Robert Bosch Venture Capital & 12 others	66/100
3rd	Transcriptic 2012, Menlo Park (United States), Series A	Provider of a cloud-based remote robotic bio-lab	$27.7M	DCVC, Google Ventures & 22 others	54/100
4th	Hamilton Company 1953, Reno (United States), Funding Raised	Developer of automated liquid handling systems	-	BioEnterprise, DFW Capital Partners & 1 others	51/100
5th	Stratec Biomedical 1979, Birkenfeld (Germany), Public	Provider of automated analyzer systems, data management software, and solutions for IVD sample preparation	-	Quest for Growth, Europa	51/100
6th	Ginkgo 2009, Boston (United States), Funding Raised	Provider of autonomous laboratory systems for biological engineering and experimentation	-	Military Health, OSTI	50/100
7th	Medra 2021, San Francisco (United States), Series A	Developer of robots to automate repetitive wet lab tasks	$63M	Human Capital, LDV Partners & 12 others	49/100
8th	Reshape Biotech 2018, Kongens Lyngby (Denmark), Series A	Provider of scalable robotic platform	$29.2M	ACME, Y Combinator & 9 others	49/100
9th	LabMinds 2009, Boston (United States), Series C	Automating buffer and sample preparation for quality control and digitized labs	$9.6M	VentureFounders, Waters Corporation & 4 others	47/100
10th	MEGAROBO 2016, Singapore (Singapore), Series C	Provider of robotic solutions for industrial laboratory automation	$427M	Joy Capital, Inno Angel Fund & 18 others	47/100