LabMinds

LabMinds develops, manufactures and sells next generation solutions for laboratory challenges with a particular focus on combining advanced laboratory products with leading edge usability and network technologies. The initial target market is research laboratories, but the technology also finds application in the pharma and health & fitness industry.

Company Growth (employees)

Type

Private

Oxford, GB

Founded

2009

Size (employees)

18 (est)-10%

Website

labminds.co

LabMinds was founded in 2009 and is headquartered in Oxford, GB

LabMinds Office Locations

LabMinds has offices in Oxford and Boston

Oxford, GB (HQ)

57 Woodstock Rd

Boston, US

125 Lincoln St

LabMinds Data and Metrics

Summary Metrics

Founding Date	2009
Total Funding	$6.2 m
Latest funding size	$3.2 m
Time since last funding	over 2 years

LabMinds's latest funding round in February 2015 was reported to be $3.2 m. In total, LabMinds has raised $6.2 m

LabMinds Financial Metrics

Summary

£, GBP

Balance Sheet

£, GBP	FY, 2013	FY, 2014	FY, 2015
Cash	222.2 k	150 k	627.5 k
Accounts Receivable	390.9 k	45 k	31.6 k
Current Assets	613.1 k	195 k	659.1 k
PP&E	157.4 k	1.4 m	3 m
Total Assets	770.5 k	1.6 m	3.6 m
Accounts Payable	2 k	13.5 k	13.8 k
Current Liabilities	2 k	13.5 k	13.8 k
Total Equity	768.5 k	1.5 m	3.6 m
Financial Leverage	1 x	1 x	1 x