Finnish biotech startup Measurlabs raises €2.5M

Measurlabs provides testing services and certifications for any material, product or chemical. The startup helps product developers and quality managers get the information they need about their products. Here are details of Measurlabs’ latest funding round :

🚀 Launch

2017

🏭 Industry

IT, Biotech

🧠Management

Teemu Myllymäki, Kalle Lagerblom

💸 Funding & Investors

  • Investment (August 2023) : €2.5 million (Seed)
  • Investors : VentureFriends (round leader), along with participation from existing investors Lifeline Ventures, Tesi, and Curus.

🎯 Funding purpose

Expansion across Europe, starting with the UK, and enhancement of its platform capabilities with in-platform payments.

🌐 Country HQ

Finland

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