The Swisscom-backed round was buttressed with an additional $47m to support the virtual experiment provider's expansion plans.

Denmark-based laboratory simulation technology developer Labster extended a series C round that includes telecommunications company Swisscom to $107m yesterday with a $47m second tranche.

The extra capital was provided by Sofina Group, Pirate Impact, Andreessen Horowitz, Owl Ventures, EduCapital, GGV Capital and NPF Technologies and it brings Labster’s total funding to $147m.

Swisscom took part in the $60m first close in February 2021 through its corporate venturing unit, Swisscom Ventures. It was led by Andreessen Horowitz and included GGV…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Fernando Moncada Rivera

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