Berlin-based Labfolder secures seven-digit financing round for growth and international expansion

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Labfolder, a digital laboratory notebook software for research, closes a seven-digit growth financing round for further development of the software platform, and expanding marketing and international sales. Together with new investors and partners from the laboratories, labfolder will push development in order to connect researchers and data, as well as to connect equipment, special software and laboratories globally.

“The smart in-depth interlinking of data, devices and teams is the next logical step in research”, explains founder and CEO, Simon Bungers. “It allows scientists of all disciplines to document and evaluate research results in a better and quicker way – so they can focus on insights and innovation rather than tiresome paper work and documentation.”

Labfolder, which was founded in 2013 (headquartered in Berlin), has the vision to help scientists to focus on their research. It is a documentation and organization tool for laboratory research. Labfolder makes it easier to find data for answers to scientific questions by allowing the interconnection of the whole laboratory environment: data, teams, workflows, devices and material.

The lead investor of the current financing round is the Charité Biomedical Fund, (CBF-1) under the management of Peppermint VenturePartners. “The digitization of research is an extremely attractive growing market”, says Dr. Joachim Rautter, managing partner of Peppermint’s CBF-1. “With our focus on innovative enterprises in the area of the digitalisation of Biomedicine, labfolder fits perfectly into our portfolio. We are looking forward to supporting labfolder in its growth with our expertise and our network.“

Labfolder and its partners will present the intelligent, interconnected laboratory of the future in a special show called “Smartlab” that takes place from October 6 – 8 as part of the trade fair Labvolution.