About VitroLabs
VitroLabs is a company based in London (United Kingdom) founded in 2016 by Ingvar Helgason. It operates as a B2B. VitroLabs has raised $56.4 million across 4 funding rounds from investors including Kering, Khosla Ventures and Agronomics. VitroLabs operates in a competitive market with competitors including Lenzing, Arda Biomaterials, Qualus, Worn Again and Pinatex, among others.
- Headquarter London, United Kingdom
- Founders Ingvar Helgason
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vitrolabs Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.4 M (USD)
in 4 rounds
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Latest Funding Round
$47.4 M (USD), Series A
May 04, 2022
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Investors
Kering
& 6 more
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Employee Count
Employee Count
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Funding Insights of VitroLabs
VitroLabs has successfully raised a total of $56.4M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $47.4 million completed in May 2022. 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 4
- Last Round Series A — $47.4M
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First Round
First Round
(17 Oct 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - VitroLabs | Valuation | Agronomics | |
| Sep, 2021 | Amount | Series A - VitroLabs | Valuation | Agronomics |
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| Feb, 2021 | Amount | Seed - VitroLabs | Valuation | Agronomics |
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Investors in VitroLabs
VitroLabs has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kering, Khosla Ventures and Agronomics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward cellular agriculture and biomanufacturing firms.
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage Consumer ClimateTech innovations are funded by Regeneration.VC.
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Investments & Acquisitions by VitroLabs
Financial Statements - VitroLabs
Vitrolabs Comparisons
Competitors of VitroLabs
VitroLabs 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 Lenzing, Arda Biomaterials, Qualus, Worn Again and Pinatex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wood-based sustainable fabrics are developed and provided by Lenzing.
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| domain | founded_year | HQ Location |
Biomaterials are developed for fashion, home goods, and automotive uses.
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| domain | founded_year | HQ Location |
Provider of sustainable leather products
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| domain | founded_year | HQ Location |
Circular recycling technology for textiles
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| domain | founded_year | HQ Location |
Sustainable leather alternative fabric is manufactured from pineapple leaf fibers.
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Frequently Asked Questions about VitroLabs
VitroLabs was founded in 2016 and raised its 1st funding round 3 years after it was founded.
VitroLabs is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Ingvar Helgason is the current CEO of VitroLabs. They have also founded this company.
VitroLabs is a funded company, having raised a total of $56.4M across 4 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Oct 17, 2019.
VitroLabs, led by Ingvar Helgason as Founder, CEO, specializes in producing manufactured goods, materials science, synthetic materials, and lab-grown leather. Develops comprehensive solutions for artificial lab-grown leather materials. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
VitroLabs's top competitors include Lenzing, Arda Biomaterials and Solena Materials.
VitroLabs has 7 investors. Key investors include Kering, Khosla Ventures, Agronomics, Milano Investment Partners, and Bestseller.