Labster to expand its education VR service following $10m round
Danish edtech start-up Labster has raised $10m in a series A funding round led by Balderton Capital and featuring participation from Northzone and Unity Technologies founder David Helgason. Labster creates educational simulations in STEM fields for mobiles and laptops, and is also expanding into virtual reality headsets, with Harvard and the Massachusetts Institute of Technology among its clients. The latest funding will be used to expand into the US and Europe, as well as develop new simulations.

LABSTER: 3D STEM simulations startup Labster has picked up $10M in a Series A financing round led by British venture capital firm Balderton Capital, reports VentureBeat.

Based in Copenhagen, Denmark, Labster simulates a variety of physics, chemistry, and biology labs—from protein synthesis to the fundamentals of animal genetics—in a laptop or mobile setting, although the company is starting to support more VR headsets. The labs were created in partnerships with industry giants like Thermo Fisher Scientific and research institutions such as Auburn University.

Prices start at $9 per month for high school students and $19 for college students. Already, the simulations are being used by Harvard, MIT and other big domestic and international schools. Previously the company received about $10M in grant funding.

The recently raised money will help the company expand to more schools in the U.S. and Europe and develop new simulations. Northzone and Unity Technologies founder David Helgason also invested in this round.