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.
Type
Private
HQ
Oxford, GB
Founded
2009
Size (employees)
15 (est)
LabMinds was founded in 2009 and is headquartered in Oxford, GB
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LabMinds Office Locations

LabMinds has offices in Boston and Oxford
Oxford, GB (HQ)
57 Woodstock Rd
Boston, US
125 Lincoln St
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LabMinds Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$6.2 m

Latest funding size

$3.18 m

Time since last funding

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

LabMinds Financials

GBP

Net income (FY, 2016)

(288.6 k)

Cash (31-Dec-2016)

9.2 k
GBPFY, 2010FY, 2011FY, 2015FY, 2016

EBITDA

(122.4 k)(238.7 k)

EBIT

(122.7 k)(239.8 k)

Pre tax profit

(122.7 k)(239.8 k)(180.6 k)(562.7 k)

Income tax expense

5.1 k22.5 k26 k274.1 k
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

14.2 k142.8 k603 k222.2 k150 k627.5 k9.2 k

Accounts Receivable

80.9 k390.9 k45 k31.6 k

Inventories

27.2 k

Current Assets

19.3 k178.9 k683.9 k613.1 k195 k2.5 m2.9 m
GBPFY, 2010FY, 2011FY, 2015FY, 2016

Net Income

(117.5 k)(217.3 k)(154.6 k)(288.6 k)
GBPY, 2016

Financial Leverage

1.4 x
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