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Labster is a technology company.
Labster has raised $156.0M across 6 funding rounds.
Labster has raised $156.0M in total across 6 funding rounds.
Labster is redefining STEM and nursing education with evidence-based immersive learning experiences. We empower educators to actively engage every student so they can flourish in class, career, and community.
Labster is a Copenhagen-based edtech company that develops immersive virtual lab simulations for STEM education, targeting universities, high schools, and instructors to boost student engagement and outcomes.[1][2][3][6] Its platform offers over 270 curriculum-aligned 3D simulations in subjects like biology, chemistry, physics, and nursing, solving the challenges of expensive physical labs, student disengagement, and limited access to hands-on experiments by providing risk-free, scalable digital alternatives accessible via the internet.[2][3][6] Labster serves educators and students worldwide, with proven impacts like increasing final course grades by over 16% on average, supporting 3,000+ institutions and 5 million users as of 2022, while enabling hybrid, remote, and in-person learning without added instructor workload.[3][6]
Labster was founded around 2012 by Dr. Mads Bonde, a biotechnology Ph.D. researcher at the Technical University of Denmark (DTU), and Michael Bodekaer Jensen, a computer scientist and software architect.[3][5] The idea emerged when Bonde noticed students struggling with engagement and preparation during physical lab sessions, inspiring the duo—friends collaborating on a solution—to create a simulation platform with engaging storylines, missions, and project-based learning modeled after flight simulators.[3][5] Early traction built through evidence-based development by scientists, educators, and game designers; by its 10th anniversary in 2022, Labster had reached 5 million student users and expanded via acquisitions like VR provider Ubisim in late 2021 to enter nursing simulations.[2][3]
Labster stands out in STEM edtech through these key strengths:
Labster rides the edtech wave of immersive learning, accelerated by remote/hybrid demands post-2020 and AI/VR integration for personalized education.[4][8] Its timing aligns with global STEM shortages, nursing crises, and complex curricula, offering affordable access where physical labs cost millions—market forces like institutional budgets and equity gaps favor its model.[2][4] By digitizing labs, Labster influences the ecosystem: it equips future scientists for challenges like energy or Parkinson's solutions, partners with governments/institutions for scale (aiming 100M learners), and pioneers gamified VR/AI tools that redefine science training beyond classrooms.[2][3][8]
Labster's momentum—fueled by 10+ awards, global expansion (U.S., Europe, Asia, Latin America, South America), and new verticals like skills training for youth/adults—positions it to hit 100 million learners via institutional partnerships.[2][6] Trends like AI-enhanced simulations (for reflection/support) and VR nursing will shape its path, amplifying impact amid educator shortages and hybrid norms.[8] Its influence may evolve from supplemental tool to core curriculum staple, empowering equitable STEM access and reimagining science as accessible excitement for all.[1][9] This builds on its founding spark: turning lab struggles into global inspiration.
Labster has raised $156.0M in total across 6 funding rounds.
Labster's investors include 2xN, Accolade Partners, Acrew Capital, Alumni Ventures, Andreessen Horowitz, Adeyemi Ajao, Caffeinated Capital, Granite Asia, Greylock, Lakestar, Offline Ventures, Operator Partners.
Labster has raised $156.0M across 6 funding rounds. Most recently, it raised $47.0M Series C in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $47.0M Series C | 2xN, Accolade Partners, Acrew Capital, Alumni Ventures, Andreessen Horowitz, Adeyemi Ajao, Caffeinated Capital, Granite Asia, Greylock, Lakestar, Offline Ventures, Operator Partners, Owl Ventures, Tiger Global Management, Village Global, WndrCo LLC, Y Combinator, Albert Armengol, Anthony Saleh, Charles Delingpole, Immad Akhund, Jerod Mayo, Samvit Ramadurgam, David Helgason, Scott Kupor, Balderton Capital, Educapital, GGV Capital, Northzone, NPF Technologies, Pirate Impact, Bertrand Fawe, Swisscom Ventures | |
| Feb 1, 2021 | $60.0M Series C | Scott Kupor | 2xN, Alumni Ventures, Andreessen Horowitz, Caffeinated Capital, foobar.vc, Granite Asia, Greylock, Lakestar, Operator Partners, Tiger Global Management, Village Global, WndrCo LLC, Y Combinator, Albert Armengol, Anthony Saleh, Charles Delingpole, Hilmar Veigar Petursson, Immad Akhund, Jerod Mayo, Samvit Ramadurgam, David Helgason, Lars Fjeldsoe-Nielsen, Jenny Lee, Owl Ventures |
| Aug 12, 2020 | $9.0M Other Equity | Jenny Lee | Balderton Capital, Northzone, Owl Ventures |
| Aug 1, 2020 | $9.0M Series U | 2xN, Granite Asia, Greylock, Tiger Global Management, Village Global, WndrCo LLC, Y Combinator, Albert Armengol, Anthony Saleh, Charles Delingpole, Immad Akhund, Samvit Ramadurgam | |
| Apr 1, 2019 | $21.0M Series B | Owl Ventures | 2xN, Accolade Partners, Acrew Capital, Adeyemi Ajao, foobar.vc, Greylock, Offline Ventures, Village Global, WndrCo LLC, Y Combinator, Albert Armengol, Anthony Saleh, Charles Delingpole, Hilmar Veigar Petursson, Immad Akhund, Samvit Ramadurgam, David Helgason, Lars Fjeldsoe-Nielsen, Educapital, Entangled Group, Nordic Makers, Northzone, Swisscom Ventures |
| Sep 1, 2017 | $10.0M Series A | Sam Myer | 2xN, foobar.vc, Greylock, Village Global, WndrCo LLC, Y Combinator, Albert Armengol, Anthony Saleh, Charles Delingpole, Hilmar Veigar Petursson, Immad Akhund, Samvit Ramadurgam, David Helgason, Northzone |