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Automata’s collaborative robotic arm Eva. | Supply: Automata
Automata, an organization targeted on life sciences automation, raised $50 million in Collection B funding. The corporate plans to make use of the financing to additional develop its lab automation platform, Automata Labs, to be used in and outdoors of the UK.
Automata Labs was created to make scaling up simple for diagnostics labs, drug discovery labs and extra. The corporate claims its system will be carried out inside weeks and might automate every stage of workflow. It additionally affords a versatile robotic arm referred to as Eva. Eva has six levels of freedom and was designed to work on exact and repeatable duties. It has a lower than 3 lb payload (1.25 kg).
Octopus Ventures led the financing spherical. Present traders, like Hummingbird, Latitude Ventures, ABB Know-how Ventures and Osomer Capital additionally participated. The spherical additionally included strategic traders, like In-Q-Tel.
“Automata Labs accelerates human ingenuity, empowering labs and scientists to attain constant outcomes quicker, on a better scale, and to in the end upscale their ambitions,” Jess McCreadie, principal at Octopus Ventures, mentioned. “We’re delighted to have led this financing spherical as Automata represented precisely the kind of extremely revolutionary firm we put money into and help. We’re excited for Automata’s subsequent steps, each inside the life sciences business, and past.”
Automata started in 2015, and it was based by Mostafa ElSayed and Suryansh Chandra, two architects from Zaha Hadid’s analysis lab. The corporate’s purpose is to allow new alternatives for innovation with automation.
“For a lot too lengthy scientists and clinicians have been having to work with overly complicated lab options whereby the gear and software program are disjointed and tough to orchestrate,” ElSayed, now the corporate’s CEO, mentioned. “Options are additionally typically too inflexible and inappropriate for labs with small geographic footprints. Our subsequent era know-how solves this.”
To this point, the corporate has raised a complete of $59.5 million in financing. The corporate relies in London.
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