Growth Financing for labfolder
New Round of Funding for Spin-off of Freie Universität Berlin
№ 257/2015 from Sep 01, 2015
A spin-off of Freie Universität Berlin, labfolder GmbH, has secured a seven-digit financing round for growth. The money is intended for further development of the software platform, expanding marketing, and international sales. Labfolder has developed a digital laboratory notebook for researchers.
The lead investor of the current financing round is the Charité Biomedical Fund, (CBF-1) under the management of Peppermint VenturePartners. The existing investors VC Fonds Technologie Berlin (under the management of the IBB Beteiligungsgesellschaft) and Vogel Ventures as well as the Business Angels Jan Bohl and Dr. Wolfgang Vahrson are also participating in the current investment round.
In October, labfolder and its partners will present the intelligent, interconnected laboratory of the future in a special show called “smartLAB – the intelligent lab of the future” that will take place from October 6 – 8 as part of the trade fair Labvolution.
Labfolder is a documentation and planning tool for laboratory research. It connects teams, data, workflows, equipment, and materials on a digital platform. The company was founded in 2013 as a spin-off from Freie Universität Berlin. Florian Hauer and Simon Bungers developed the idea while working on their doctorates in laboratories of the Max Planck Institutes in Göttingen. In 2012 they received support from Profund Innovation, the central service facility at Freie Universität for facilitating the transfer of knowledge and technology. The spin-off received an EXIST scholarship from the German Federal Ministry for Economy and Technology, and then won six-digit seed financing from private investors. Co-founder Mathias Schäffner left the company at the end of 2014 due to personal reasons. In early 2015, Joris van Winsen joined the team as “late founder” and CFO.