Labminds Announces An Oversubscribed Funding Round Of $6.4M

LabMinds Inc., an award-winning lab automation robotics company, announced it closed a $6.4M funding round in the third quarter. The funding round was completed by the company’s major investors including Waters Corporation and Red Deer Capital. This round also included funding from new investors. The funding will be used to drive commercialization of its automated solution preparation system, develop new products, and expand the team.