How much did Reshape raise?

Reshape raised $20 Million in a Series A round on April 9, 2024.

Reshape raised $20M in a Series A round of funding to scale its technology in the U.S. for automating lab experiments.

PRIVATEApr 09, 2024

Amount Raised

$20 Million

Round Type

Series A

CopenhagenBiotechnologySoftwareMachine Learning

Description

Reshape, a Danish startup, has raised $20 million in a Series A round of funding to scale its technology in the U.S. The company aims to automate lab experiments that involve visual inspections using a robotic imaging system replete with software and AI models.

Quick answer

Reshape raised $20 Million in a Series A round, dated April 9, 2024. Reshape is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did Reshape raise?: Reshape raised $20 Million in a Series A round on April 9, 2024.
What does Reshape do?: Reshape Biotech is building the next generation of lab automation robots.
Where is Reshape based and how big is it?: Reshape is based in Copenhagen, Capital Region Of Denmark, Denmark.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Reshape that raised within 45 days of this round, from Fundz verified event records.

NobleAI raised $10M (Series A) on April 2, 2024.
Bionano Genomics raised $20M on May 24, 2024.
Rows raised $8.6M (Funding Round) on May 24, 2024.
BlueFlame AI raised $5M on May 24, 2024.
Superlegal raised $5M (Seed) on May 22, 2024.
Bolster raised $14M (Funding Round) on May 22, 2024.

Who to call at Reshape, and when

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Company Information

Company

Reshape

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Reshape Biotech is building the next generation of lab automation robots. Our customers are biotech companies tackling the world’s biggest problems - be it alternative protein development or sustainable agriculture. Reshape Biotech is the scaling factor for these companies, as we let researchers collaborate globally on experiments and increase their throughput >500x. The team is highly multi-disciplinary, employing everything from PhD’s in biology to hardware and software engineers. We work closely together, and you will be exposed to a truly vertical team. We’re a fast growing startup with an incredibly ambitious team, dead-set on reinventing a 100 year old industry and becoming the standard infrastructure that the world of biotech relies on. Our customers already include global leaders in food, agriculture and biologicals. We’re backed by top tier investors from Y Combinator, CEOs from the industry and some of the biggest names you can find. At Reshape Biotech, you have the potential to influence how biotech research is done in the next 100 years.

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Reshape raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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