About 13th Lab
13th Lab is a company based in Stockholm (Sweden) founded in 2010 was acquired by Oculus in December 2014.. 13th Lab has raised $700 thousand across 1 funding round from investors including Meta Quest and Creandum. 13th Lab operates in a competitive market with competitors including Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, among others.
- Headquarter Stockholm, Sweden
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$700 K (USD)
in 1 rounds
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Latest Funding Round
$700 K (USD), Seed
Jun 15, 2012
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Investors
Meta Quest
& 1 more
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Employee Count
Employee Count
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Acquired by
Oculus
(Dec 10, 2014)
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Funding Insights of 13th Lab
13th Lab has successfully raised a total of $700K through 1 strategic funding round. The most recent funding activity was a Seed round of $700 thousand completed in June 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $700,000
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First Round
First Round
(15 Jun 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Seed - 13th Lab | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 13th Lab
13th Lab has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Meta Quest and Creandum. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location | |
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VR-based head-mounted displays for gaming are provided by Oculus.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 13th Lab
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 13th Lab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
13Th Lab Comparisons
Competitors of 13th Lab
13th Lab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
AI-based system-on-chips are developed for advanced driver assistance systems.
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Manufacturer of SoCs for automotive industry
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Developer of AI-based chips for machine vision tasks
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AI-enabled vision processing for autonomous vehicles is provided.
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Online platform offering full-stack autonomous driving software and services
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| domain | founded_year | HQ Location |
AI vision systems for vehicle safety features are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 13th Lab
When was 13th Lab founded?
13th Lab was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is 13th Lab located?
13th Lab is headquartered in Stockholm, Sweden.
Is 13th Lab a funded company?
13th Lab is a funded company, having raised a total of $700K across 1 funding round to date. The company's 1st funding round was a Seed of $700K, raised on Jun 15, 2012.
What does 13th Lab do?
Founded in 2010 in Stockholm, Sweden, 13th Lab focused on computer vision technology for mobile devices. A platform based on SLAM was created to enable detection and recognition of 2D and 3D objects via iPhone cameras. Products included the free PointCloud library for iOS app development, Minecraft Reality, and the PointCloud SDK. Acquisition by Oculus VR occurred in December 2014.
Who are the top competitors of 13th Lab?
13th Lab's top competitors include Mobileye, Indie Semiconductor and Black Sesame Technologies.
Who are 13th Lab's investors?
13th Lab has 2 investors. Key investors include Meta Quest, and Creandum.