ABB Technology Ventures invested in Automata’s latest round, as it looks to roll out its medical automation technology across the UK and beyond.

UK-based medical automation technology developer Automata secured $50m yesterday in a series B round that included ABB Technology Ventures, the corporate venturing arm of power and automation technology producer ABB.

Octopus Ventures led the round with additional backing from Isomer Capital, Hummingbird Ventures, Latitude Ventures, In-Q-Tel and unnamed others.

Founded in 2015, Automata develops automated systems for use in laboratory environments, particularly in the life sciences sector.

The company’s Automata Labs system consists of a modular benchtop setup that allows…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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