Raue Advises Labforward on Series B Financing Round

Raue has advised the start-up Labforward GmbH on its Series B financing round. Labforward is a laboratory SAAS provider. The first part of the financing round took place in January this year, when laboratory equipment manufacturers Tecan and 2mag as new shareholders as well as existing investor Peppermint Ventures Partners invested. Now, in a second closing, the Fielmann family office joined as new investor, and existing investors IBB Ventures and business angels also participated in the financing round.

Labforward intends to use the new capital to transform its software suite into a connectivity platform will expand internationally.

About Labforward

Labforward develops digital software solutions for laboratories. Amongst its products are the electronic lab notebook (ELN) Labfolder, and the Internet-of-Things (IoT) platform Laboperator. With more than 40,000 users, Labfolder is one of the leading ELN world-wide. Laboperator is referred to as the “IoT standard for the lab” among top biopharma companies.

(6 May 2021)