LabTwin Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
-
24
- 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(Operating Subsidiary)
Corporate Office
- Prenzlauer Allee 242/Haus 5
- 10405 Berlin
- Germany
Corporate Office
- Prenzlauer Allee 242/Haus 5
- 10405 Berlin
- Germany
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 |
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 |
LabTwin Signals
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 |
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.
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When was LabTwin acquired?
LabTwin was acquired on 31-Jul-2024.
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Who acquired LabTwin?
LabTwin was acquired by Labfolder.
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