Reshape Biotech, the Danish AI and robotics start-up, has raised $20m in a Series A round led by Astanor Ventures and backed by Y Combinator.
Silicon Republic 8:09 pm on April 10, 2024
Reshape Biotech, an AI and robotics startup based in Copenhagen, Denmark, raised $20m in its latest funding round to expand in the US market. The company, founded in 201 by Carl-Emil Gr, Magnus Nyborg Madsen and Daniel Storgaard, develops technology that automates visual lab experiments with AI and robotics. Their technology is used in industries such as biotech, agriculture, and food to improve R&D. The funding round was led by Astanor Ventures and backed by Y Combinator, R7, and Acme Capital. Reshape plans to hire top global talent and expand operations in the US, aiming for faster, more accurate, and sustainable R&D.
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