Labstep, an app and online platform to help scientists record and reproduce experiments, has raised £1 million in new funding, including from existing investors. The company, whose team has a background in commercial R&D and academic research, including at Oxford University, is backed by Seedcamp and says it plans to use the new capital to double its team to 12, and for further product development.
This will include the launch of a marketplace for lab supplies, and is one of the ways Labstep plans to generate revenue. The startup will also add features to its app that streamline how scientists outsource elements of their research.
First conceived of in late 2013 and soft launched in 2015, Labstep has set out to digitise the lab experiment tracking and sharing process, and in turn give scientific research a major leg up.
As explained by CEO and co-founder Jake Schofield, science experiments are often recorded in an archaic way, relying on a mixture of pen and paper or…