Automata Secures $45 Million to Drive Next-Gen Lab Automation
Automata, an innovator in laboratory automation, has secured $45 million in a Series C funding round led by Coatue Management, with contributions from existing investors such as Canaan Partners, 500 Startups, and M12, Microsoft's venture fund. This investment will be allocated toward scaling Automata's technology to make laboratories more AI-ready and to expand its partnerships within the life sciences industry. The company has gained significant traction, tripling its customer base in the last year and expanding its operations across Europe and the United States.