Digital Science invests in cloud lab company
Digital Science has made an investment in Transcriptic, a robotic cloud laboratory for life sciences based in Menlo Park, California, USA. The investment increases Digital Science’s portfolio of technology investments in the research, science and healthcare sectors.
Digital Science will also hold a seat on the board of Transcriptic, which describes itself as 'a robotic cloud laboratory for life sciences'. The aim of the organisation is to free researchers to focus on the creative aspects of their science by providing faster, more reliable and repeatable processes, with lower capital costs than previously possible. The web interface allows biologists to control their science and generate data from virtually anywhere in the world.
As an active early-stage investor in technology support tools and services aimed at enhancing the performance of research, science and digital laboratory sector, Digital Science targets businesses that complement its ecosystem of services in the research and scientific services space and funds and develops online products and services to empower researchers to be more efficient; pushing research to be more reproducible and of higher quality.
Its portfolio companies include a host of brands including Altmetric, BioRAFT, Figshare, Labguru, Overleaf, ReadCube, GRID, TetraScience, Symplectic and ÜberResearch. It is operated by global media company, Holtzbrinck Publishing Group.
Commenting on the investment, Digital Science CEO Daniel Hook said: 'Our mission at Digital Science is to bring innovative tools to researchers that allow them to spend more time where they add most value, so Transcriptic is a perfect fit for us.
'In addition to sharing very similar goals, there is also significant potential for co-operation and integration with other products in our portfolio of companies, including Tetrascience, Labguru, BioRAFT and Figshare.'