MEGAROBO - About the company
MEGAROBO is a series C company based in Singapore (Singapore), founded in 2016 by Zhixin Qiao and Daniel Huang. It operates as a Provider of robotic solutions for industrial laboratory automation. MEGAROBO has raised $427M in funding from investors like Inno Angel Fund, PowerCloud Venture Capital and Joy Capital, with a current valuation of $1B. The company has 101 active competitors, including 23 funded and 16 that have exited. Its top competitors include companies like Automata, Aethon and Opentrons.
Sectors and market segments that MEGAROBO operate in
MEGAROBO serves in the High Tech, Life Sciences market segments.The primary business model of MEGAROBO are:Company Details
Provider of robotic solutions for industrial laboratory automation. It leverage robotics and AI technologies to enhace productivity and productivity in various life sciences applications, including drug discovery and clinical diagnostics. It provides solutions for throughput drug screening, automated cell line development, and synthetic biology.
- Website
- www.megarobo.com/
- Email ID
- *****@megarobo.tech
- Phone Number
- +86 **********
Key Metrics
Founded Year
2016
Location
Singapore, Singapore
Stage
Series C
Total Funding
$427M in 8 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jun 15, 2022
Investors
Ranked
11th among 101 active competitors
Employee Count
71 as on May 31, 2026
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MEGAROBO's funding and investors
MEGAROBO has raised a total funding of $427M over 8 rounds. Its first funding round was on Jun 2016. Its latest funding round was a Series C round on Jun 15, 2022 for $300M. 9 investors participated in its latest round. MEGAROBO has 21 institutional investors.
Here is the list of recent funding rounds of MEGAROBO:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 15, 2022 | $300M | Series C | $1B | - | ||
May 28, 2021 | $65M | Series B | - | - | ||
Feb 08, 2021 | $30M | Series B | - | - |
View details of MEGAROBO's funding rounds and investors
MEGAROBO's founders and board of directors
Founder? Claim ProfileThe founders of MEGAROBO are Zhixin Qiao and Daniel Huang.
Here are the details of MEGAROBO's key team members:
- Zhixin Qiao: Co-Founder of MEGAROBO and founder of 1 other company. Contact Info: 1 email address
- Daniel Huang: Co-Founder of MEGAROBO and founder of 1 other company. Contact Info: 1 email address
View details of MEGAROBO's Founder profiles and Board Members
MEGAROBO's employee count trend
MEGAROBO has 71 employees as of May 26. Here is MEGAROBO's employee count trend over the years:
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MEGAROBO's Competitors and alternates
Top competitors of MEGAROBO include Automata, Aethon and Opentrons. Here is the list of Top 10 competitors of MEGAROBO, ranked by Tracxn score:
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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 | 67/100 | |
2nd | Aethon 1997, Pittsburgh (United States), Acquired | Autonomous robots for internal logistics in hospitals | $55.3M | 66/100 | |
3rd | Opentrons 2013, Brooklyn (United States), Series C | Developer of pipetting robot for lab automation | $261M | 61/100 | |
4th | Transcriptic 2012, Menlo Park (United States), Series A | Provider of a cloud-based remote robotic bio-lab | $27.7M | 54/100 | |
5th | Hamilton Company 1953, Reno (United States), Funding Raised | Developer of automated liquid handling systems | - | 51/100 | |
6th | Stratec Biomedical 1979, Birkenfeld (Germany), Public | Provider of automated analyzer systems, data management software, and solutions for IVD sample preparation | - | 51/100 | |
7th | Ginkgo 2009, Boston (United States), Funding Raised | Provider of autonomous laboratory systems for biological engineering and experimentation | - | 50/100 | |
8th | Medra 2021, San Francisco (United States), Series A | Developer of robots to automate repetitive wet lab tasks | $63M | 49/100 | |
9th | Reshape Biotech 2018, Kongens Lyngby (Denmark), Series A | Provider of scalable robotic platform | $29.2M | 49/100 | |
10th | LabMinds 2009, Boston (United States), Series C | Automating buffer and sample preparation for quality control and digitized labs | $9.6M | 47/100 | |
11th | Provider of robotic solutions for industrial laboratory automation | $427M | 47/100 |
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MEGAROBO's Investments and acquisitions
MEGAROBO has made 3 investments including ChemLex, Oxford Cancer Analytics and Oxford Cancer Analytics. MEGAROBO has not made any acquisitions as of now.Here is the list of its investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 09, 2024 | Investments | Shanghai (China) | ||
Jan 10, 2023 | Investments | 2018 | Oxford (United Kingdom) | |
Sep 06, 2021 | Investments | 2018 | Oxford (United Kingdom) |
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