Automata raises $40m to expand life-sciences lab automation

Oct 3, 2023 · Funding · Automata · Lab Automation

Automata raised $40 million in a round led by Dimension with participation from A.P. Moller Holding and returning investors.

Automata company media
Company media · Automata
  • Dimension led the $40 million round, with A.P. Moller Holding and returning investors Octopus Ventures, Hummingbird, Isomer Capital, Possible Ventures and Aldea Ventures participating.
  • Automata said the proceeds would support geographic and team expansion across the US, UK and EMEA.
  • The company reported 150% revenue growth and a twelvefold increase in live customer-system hours since its prior round.

Automata develops integrated lab automation for life-sciences workflows. Its LINQ platform combines configurable robotic workcells, orchestration software, developer interfaces and data integration for programmable laboratory operations.