About Newlab
Newlab is a company based in Brooklyn (United States) founded in 2012 by David Belt and Scott Cohen.. Newlab has raised $19.61 million across 5 funding rounds from investors including OSTI.GOV. Newlab offers products and services including Infrastructure and Projects.
- Headquarter Brooklyn, United States
- Founders David Belt, Scott Cohen
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name New Lab, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.61 M (USD)
in 5 rounds
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Latest Funding Round
$4.97 M (USD), Grant
Sep 27, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Newlab
Newlab offers a comprehensive portfolio of products and services, including Infrastructure and Projects. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Infrastructure is provided in the form of technical labs, shops, pilot sites, and workspaces to assist critical technology startups with commercialization efforts.
Projects are offered in collaboration with industry and government partners to enable scaling and market entry for startups focused on critical technologies.
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Funding Insights of Newlab
Newlab has successfully raised a total of $19.61M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $4.97 million completed in September 2024. 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 5
- Last Round Grant — $5.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Grant - Newlab | Valuation |
investors |
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| Dec, 2023 | Amount | Series B - Newlab | Valuation |
investors |
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| Nov, 2021 | Amount | Series B - Newlab | 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 Newlab
Newlab has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV. 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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 Newlab
| 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 |
Financial Statements - Newlab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Newlab Comparisons
Competitors of Newlab
| 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 Newlab
When was Newlab founded?
Newlab was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Newlab located?
Newlab is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is Newlab a funded company?
Newlab is a funded company, having raised a total of $19.61M across 5 funding rounds to date. The company's 1st funding round was a Series B of $12.4M, raised on Aug 30, 2015.
What does Newlab do?
Newlab was founded in 2012 in Brooklyn, United States, as a provider of managed co-working spaces targeted at the AI, nanotechnology, life sciences, and technology sectors. A platform is offered for entrepreneurs to apply for spaces, including fixed desks, private offices, prototyping areas, and digital manufacturing tools. Events and workshops are hosted to foster a collaborative network among members.
What products or services does Newlab offer?
Newlab offers Infrastructure and Projects.
Who are Newlab's investors?
Newlab has 1 investor. Key investors include OSTI.GOV.
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