Artificial raises $21M led by Microsoft’s M12 for a lab automation platform aimed at life sciences R&D

Artificial raises $21M led by Microsoft’s M12 for a lab automation platform aimed at life sciences R&D

3 years ago
Anonymous $LNMzUc6XNz

https://techcrunch.com/2021/05/18/artificial-raises-21m-led-by-microsofts-m12-for-a-lab-automation-platform-aimed-at-life-sciences-rd/

Automation is extending into every aspect of how organizations get work done, and today comes news of a startup that is building tools for one industry in particular: life sciences. Artificial, which has built a software platform for laboratories to assist with, or in some cases fully automate, research and development work, has raised $21.5 million.

It plans to use the funding to continue building out its software and its capabilities, to hire more people, and for business development, according to Artificial’s CEO and co-founder David Fuller. The company already has a number of customers including Thermo Fisher and Beam Therapeutics using its software directly and in partnership for their own customers. Sold as aLab Suite, Artificial’s technology can both orchestrate and manage robotic machines that labs might be using to handle some work; and help assist scientists when they are carrying out the work themselves.