NSG BioLabs Raises $14.5M to Expand and Enhance Co-Working Spaces

NSG BioLabs Raises $14.5M in Funding

Key Highlights:

• Funding Round: NSG BioLabs, a Singapore-based biotech co-working laboratory and office space provider, raised $14.5 million in funding.
• Investors: Funding led by Celadon Partners with participation from ClavystBio.
• Infrastructure and Services Enhancement: Funds will be used to augment infrastructure, services, and benefits for residents, as well as support the expansion of co-working laboratory and office spaces.

NSG BioLabs' Target Market

• Life Sciences Companies: Startups and established companies in the health, biomedical, agrifood, and industrial biotechnology sectors.
• Biotech Innovators: Innovators and researchers in precision medicine, nucleic acids, AI-enabled drug discovery, and synthetic biology.
• Companies Seeking Collaborative Environment: Organizations looking for co-working laboratory and office spaces with access to equipment, expertise, and global networks.

What NSG BioLabs Needs to Buy

• Laboratory Equipment and Supplies: Partnerships with suppliers for laboratory equipment and supplies to support the needs of their resident companies.
• Expansion and Renovation Services: Collaborations with construction and renovation companies to expand and enhance their laboratory and office spaces.
• Networking and Mentorship Opportunities: Partnerships with industry organizations and mentors to provide valuable networking and mentorship experiences for their resident companies.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.