Measurlabs seeks to become a sector leader in Europe with a seed round of EUR 2.5 million
Measurlabs is a laboratory analysis and testing service provider that helps R&D professionals get the tests they need easily in one place. The recent EUR 2.5 million growth funding will enable the company to scale services in the UK and other European countries and to develop new features to further automate its logistics and purchasing platform. The seed round was led by VentureFriends and joined by existing investors Lifeline Ventures, Tesi, and Curus.
“We are proud to continue supporting Measurlabs on their growth journey. Measurlabs’ unique service and extensive expertise bring significant value to customers by streamlining the high-friction industry of outsourced testing services. In fast-growing sectors like semiconductors and other novel materials the availability of high-quality analytical services is crucial in making product development processes seamless and bringing new products to the market rapidly. We are excited to continue alongside Measurlabs in their mission to support these companies”, comments Tuomas Rekonen, Investment Manager at Tesi.
Tesi first invested in the company in 2022. The investment was made from the Venture Bridge programme that was closed for initial investments in March the same year.
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Additional information:
Tuomas Rekonen, Investment Manager, Venture Capital Investments
tuomas.rekonen@tesi.fi
+358 40 7540 660
Tesi wants to raise Finland to the forefront of transformative economic growth. We develop the market, and work for the success of Finnish growth companies. We invest in private equity and venture capital funds, and also directly in growth companies. We provide long-running support, market insights, patient capital, and skilled ownership. tesi.fi | Twitter | LinkedIn | Newsletter