Smartlabs Announces $250 Million Series B And Update Of Proprietary Laboratory Os

Sep 20, 2021•almost 4 years ago

Amount Raised

$250 Million

Round Type

series b

Boston

Description

SmartLabs, a Boston-based Laboratory-as-a-Service (LaaS) leader, today announced the raise of a $250 million Series B financing. The funding round was led by ArrowMark Partners. New investment partners include Winslow Capital Management and Onex Falcon, joined by existing investors ArrowMark Partners, Conversion Venture Capital (CVC2) and Breed’s Hill Capital. The funding will fuel the company’s accelerated growth, with a plan to scale operations to 2 million square feet within five years

Company Information

Company

Smart Labs

Location

Boston, Massachusetts, United States

About

SmartLabs designs, builds, and operates integrated, enterprise-grade research environments, including multifunctional research and development labs, vivariums, process development, pilot-scale manufacturing, and cGMP suites for companies of all sizes. SmartLabs currently operates four locations in Massachusetts – Kendall Square, East Cambridge, Boston Landing, and the Seaport District, as well as one location in California – South San Francisco. SmartLabs provides in-house design, architecture, and construction management, as well as full-service lab operations and facilities management and a suite of shared amenities. For more information, please email info@smartlabs.com or visit SmartLabs.com.

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