Strateos

company

About

Strateos is a SaaS-based biotechnology company that provides robotic solutions for biology labs.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$8.50M
Industries
Biotechnology,Industrial Automation,Information Technology,Robotics,Software,Software Engineering
Founded date
Feb 14, 2012
Number Of Employee
51 - 100
Operating Status
Active

Strateos automates chemistry, biology, and tissue analysis into closed-loop robotic labs that accelerate drug discovery programs. Through a combination of best-in-class robotics and control systems, advanced software for imaging and analytics, and remote cloud laboratories, they enable pharmaceutical partners to more rapidly and efficiently discover new drug candidates.

Born of a merger between Transcriptic and 3Scan, Strateos combines the strengths of those companies to amplify their impact and accelerate drug discovery.

Transcriptic developed the first robotic cloud laboratory platform for on-demand life science research, which is currently in use at several top pharmaceutical and biotechnology companies. 3Scan combined automation, machine learning and computer vision to extract spatial data from tissue samples and create detailed 3D representations as well as quantitative analysis of complex anatomical structures. Now these two portfolios will be combined to offer a suite of technologies for accelerating drug discovery and early development.

By expressing life science methods as data, infrastructure virtualization will become possible. "Science-as-a-Service" will power the next generation of discovery, driven by huge efficiencies of both time and money.

Transcriptic was founded in 2012 to create a better way to get lab work done. Tired of spending endless hours at the bench pretending to be slow, error-prone robots, they set out to build a modern solution to the day-to-day process of wet lab biology.

Drawing on deep computer science and electrical engineering backgrounds in addition to life science, Strateos was born: a meticulously optimized, technology-enabled remote lab. Using state-of-the-art automation and control technology, and an emphasis on user experience and usability, they are working on building a stark contrast to the long, complicated sales process, high prices, and slow turnarounds of traditional CROs.

They are working hard to build a great company that can be a true partner for your lab for a long time, progressively enabling ever greater levels of productivity and efficiency. They are scientists building for scientists.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$8.50M
Strateos has raised a total of $8.50M in funding over 2 rounds. Their latest funding was raised on Feb 19, 2015 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 19, 2015 Series A $8.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Strateos is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Series A