Elemental Machines
A smart lab platform that delivers powerful, data-driven insights that improve R&D, laboratory operations, and manufacturing outcomes.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $41.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 19 % | 48 % | 136 % | 55 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Elemental Machines operates in the scientific and biomedical sectors, providing an IoT-driven platform that integrates seamlessly with laboratory equipment from any brand or era. The company serves clients such as research labs, biomedical startups, and academic institutions, offering a turnkey solution that enables rapid deployment and real-time data transmission. Elemental Machines' business model revolves around selling its platform through direct sales and partnerships with resellers and distributors who have a strong presence in scientific markets. Revenue is generated through the sale of IoT devices, software subscriptions, and data analytics services. The platform's flexibility allows for easy integration with existing Laboratory Information Management Systems (LIMS) and Electronic Lab Notebooks (ELN), enhancing workflow efficiency and equipment utilization. By leveraging legacy protocols and modern metrics, Elemental Machines provides valuable insights into machine health, maintenance needs, and operating environments, thereby optimizing lab operations.
Keywords: IoT, lab equipment, data analytics, biomedical, rapid deployment, LIMS integration, ELN compatibility, real-time data, scientific markets, workflow optimization.