LabTwin Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 24

Employees

  • Latest Deal Type
  • M&A

LabTwin General Information

Description

Developer of a voice and AI-powered digital lab assistant designed to close the real-time documentation gap and assist scientists at the point of experimentation. The company's lab assistant guides users through experimental protocols and integrates data from lab machines and external databases, automatically syncs all lab notes, protocol updates, reminders, order lists, and more between the mobile and web apps, and provides voice-activated access to recorded lab experiments, enabling scientists to save their time and money, reduce error rates and enhance research efficiency.

Contact Information

Website
www.labtwin.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Prenzlauer Allee 242/Haus 5
  • 10405 Berlin
  • Germany
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Parent Company
Sartorius Ventures
Corporate Office
  • Prenzlauer Allee 242/Haus 5
  • 10405 Berlin
  • Germany

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LabTwin Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 31-Jul-2024 Completed Generating Revenue
3. Accelerator/Incubator 22-Oct-2020 Completed Generating Revenue
2. Accelerator/Incubator 21-Oct-2020 Completed Generating Revenue
1. Early Stage VC 28-Mar-2019 Completed Generating Revenue
To view LabTwin’s complete valuation and funding history, request access »

LabTwin Patents

LabTwin Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4432294-A1 Method for automatically documenting a laboratory workflow Inactive 15-Mar-2023
US-20240311727-A1 Method for automatically documenting a laboratory workflow Inactive 15-Mar-2023
DE-102019103078-A1 Method for supporting work processes in a laboratory environment by means of an assistance system Inactive 07-Feb-2019
EP-3903322-A1 Method for supporting workflows in a laboratory environment by means of an assistance system Pending 07-Feb-2019
US-20220148715-A1 Method for supporting workflows in a laboratory environment by means of an assistance system Inactive 07-Feb-2019 G16H40/60
To view LabTwin’s complete patent history, request access »

LabTwin Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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LabTwin Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
BCG Digital Ventures Accelerator/Incubator Minority
Plug and Play Accelerator/Incubator
Sartorius Corporation Minority
Startup Creasphere Accelerator/Incubator
To view LabTwin’s complete investors history, request access »

LabTwin FAQs

  • When was LabTwin founded?

    LabTwin was founded in 2018.

  • Where is LabTwin headquartered?

    LabTwin is headquartered in Berlin, Germany.

  • What is the size of LabTwin?

    LabTwin has 24 total employees.

  • What industry is LabTwin in?

    LabTwin’s primary industry is Business/Productivity Software.

  • Is LabTwin a private or public company?

    LabTwin is a Private company.

  • What is LabTwin’s current revenue?

    The current revenue for LabTwin is .

  • Who are LabTwin’s investors?

    BCG Digital Ventures, Plug and Play, Sartorius, and Startup Creasphere have invested in LabTwin.

  • When was LabTwin acquired?

    LabTwin was acquired on 31-Jul-2024.

  • Who acquired LabTwin?

    LabTwin was acquired by Labfolder.

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