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Strateos

Strateos

A software-as-a-service technology company with a focus on robotic solutions for laboratories. It was founded in 2019 and is located in Menlo Park, California.

About

Strateos is a California-based biotechnology company specializing in automating chemistry, biology, and tissue analysis into closed loop robotic labs that are intended to accelerate drug discovery programs. It was founded as a merger between Transcriptic and 3Scan in 2019. The company's products are used in applications such as elastic chemistry, biomarker assays, cell-based assays, and biochemical assays.

Product

The company has a platform powered by the cloud as well as the Strateos Common Lab Environment (SCLE). There are robotic Workcells which consist of robotics that can conduct experiments using the company's software. Scientists can conduct experiments remotely and access the data from the results via the cloud.Since the experiments are operating on the cloud, it also makes them high reproducible.

There is also a Strateos Console where scientists can manage their resources, such as projects, protocols, runs, datasets, and inventory. It is web-based and scientists can also manage information such as billing, security, and team management.

Timeline

June 9, 2021
Strateos raises $56,100,000 in series B funding round led by DCVC and Lux Capital with participation from Eli Lilly and Company, Ally Bridge Group, Black Diamond Ventures, Mack & Co., LLC, and Castor Ventures.
July 2019
Strateos raises a $16,500,000 venture round from BGS Venture LP, Data Collective, Dolby Family Ventures and Lux Capital Management.
November 2016
Strateos raises a $13,400,000 venture round from AME Cloud Ventures, Data Collective, Digital Science, Holtzbrinck Digital and WuXi AppTec.
February 2015
Strateos raises a $8,500,000 series A round from AME Cloud Ventures, Data Collective, Holtzbrinck Digital, IA Ventures, MITS Fund, Paul Buchheit, Silicon Valley Bank, UpHonest Capital, Wei Guo and Y Combinator.
December 2014
Strateos raises a $120,000 seed round from Y Combinator.
July 2014
Strateos raises a $1,800,000 seed round from Silicon Valley Bank.
February 2014
Strateos raises a $2,800,000 seed round from AME Cloud Ventures, Data Collective and IA Ventures.
November 2012
Strateos raises a $1,200,000 seed round from Damien Tanner, Founders Fund, Silicon Badia and Techammer.

Funding rounds

People

Name
Role
LinkedIn

Chris Krueger

CFO

Mark Fischer-Colbrie

President and CEO

Max Hodak

Further reading

Title
Author
Link
Type
Date

Webinar: Running Experiments On A Robotic Cloud Lab

Strateos

Web

June 3, 2019

Documentaries, videos and podcasts

Title
Date
Link

Strateos

February 21, 2020

Webinar: Running Experiments On A Robotic Cloud Lab

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Kate Goodwin
June 9, 2021
BioSpace
Things are warming up quickly this summer for life sciences investors. Here's who's coming in hot with cash this week.
FinSMEs
June 9, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Andrea Park
June 8, 2021
FierceBiotech
No lab? No problem, thanks to the wonders of modern technology. A platform developed by Strateos allows life sciences researchers to conduct experiments and analyses from anywhere in the world, with a little help from some robotic friends.

References

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