Battery Ventures, a Boston, MA-based global, technology-focused investment firm, announced the acquisition of Labguru (BioData Inc.), a Cambridge, MA-based life-science laboratory-data platform, from Holtzbrinck Digital.
The amount of the deal was not disclosed.
Labguru will join Battery’s Titian Software to create a global organization that offers an end-to-end solution across life sciences and laboratory applications from research to production, spanning the entire workflow from ELN to inventory and sample management, research, testing and QC workflows.
Labguru’s executive team, including CEO Ariel Yarnitsky and founder and CTO Jonathan Gross, will remain in their current roles, working alongside the Titian executive team following the transaction.
Founded in 1999, Titian Software is a London, UK-based provider of sample management software solutions, catering to the needs of research laboratories, biobanks, and pharmaceutical companies worldwide. Titian’s Mosaic Sample Management Software encompasses a comprehensive suite of tools for sample tracking, inventory management, and workflow automation. It empowers laboratories to efficiently manage vast repositories of samples, including compounds, biological materials, and clinical specimens while ensuring data integrity and traceability throughout the sample lifecycle.
Led by Ariel Yarnitsky, CEO and Founder, Labguru provides a comprehensive laboratory data-management hub for planning and tracking, documenting experiments, streamlining lab logistics; and sharing results across teams and organizations. Its cloud-based, research-to-production life-science platform combines an electronic lab notebook (ELN), a laboratory information management system (LIMS) and a set of informatics tools to enable and enhance research and production. Labguru is used by scientists across the biotechnology, pharmaceutical and advanced-industry segments, as well as researchers at global academic and research institutions.
FinSMEs
18/04/2024