About Lab21
Lab21 is a company based in Cambridge (United Kingdom) founded in 2005 by Graham Mullis was acquired by Novacyt in May 2014.. Lab21 has raised $837.8 thousand across 1 funding round from investors including Trinity Biotech and Novacyt. Lab21 has completed 1 acquisition, including Selah Technologies.
- Headquarter Cambridge, United Kingdom
- Founders Graham Mullis
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Lab21 Ltd
- Date of Incorporation 29 Dec, 2020
- Jurisdiction BUSHEY, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$837.8 K (USD)
in 1 rounds
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Latest Funding Round
$837.8 K (USD), Seed
Oct 26, 2010
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Investors
Trinity Biotech
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Funding Insights of Lab21
Lab21 has successfully raised a total of $837.8K through 1 strategic funding round. The most recent funding activity was a Seed round of $837.8 thousand completed in October 2010. 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 — $837,800
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First Round
First Round
(26 Oct 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2010 | Amount | Seed - Lab21 | Valuation |
investors |
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| 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 Lab21
Lab21 has secured backing from 2 investors. Prominent investors backing the company include Trinity Biotech and Novacyt. 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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Provider of In vitro diagnostic kits for clinical labs
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Founded Year | Domain | Location | |
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Developer of cytology instruments and consumables for oncology and infectious disease
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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 Lab21
Lab21 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Selah Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Nano-enabled advanced materials are manufactured using proprietary nanotechnology products.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lab21
| 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 |
Lab21 Comparisons
Competitors of Lab21
| 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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Latest news on Lab21
Frequently Asked Questions about Lab21
When was Lab21 founded?
Lab21 was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Lab21 located?
Lab21 is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Is Lab21 a funded company?
Lab21 is a funded company, having raised a total of $837.8K across 1 funding round to date. The company's 1st funding round was a Seed of $837.8K, raised on Oct 26, 2010.
What does Lab21 do?
Lab21 was founded in 2005 in Cambridge, United Kingdom, within the personalised medicine diagnostics sector. Molecular testing services for cancer and virology diagnosis, along with treatment optimisation, are offered to patients. Proprietary antibodies and antigens for infectious diseases such as syphilis, CMV, TB, and malaria are manufactured. These products are distributed globally to blood banking and diagnostic markets.
How many acquisitions has Lab21 made?
Lab21 has made 1 acquisition, including Selah Technologies.
Who are Lab21's investors?
Lab21 has 2 investors. Key investors include Trinity Biotech, and Novacyt.
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