Emerald Cloud Lab

Cloud-based platform for remote scientific research

Austin, Texas, United States

About Emerald Cloud Lab

Emerald Cloud Lab provides a cloud-based platform that allows scientists and researchers to conduct experiments and analyze data remotely, without needing to be in a physical laboratory. This virtual lab environment is designed for professionals in academia, biotechnology, pharmaceuticals, and other life sciences fields, enabling them to focus on their research ideas rather than the logistical challenges of traditional labs. ECL operates on a subscription model, where clients pay for access to the platform and its scientific instruments, with additional charges for specific experiments or data analysis services. This approach not only reduces the costs associated with physical labs but also enhances the efficiency of scientific research, making advanced tools and resources more accessible to a wider range of researchers.

Austin, TexasHeadquarters
1992Year Founded
$48.1MTotal Funding
SERIES_ACompany Stage
Enterprise Software, Biotechnology, HealthcareIndustries
51-200Employees

Risks

Technical challenges in CellKey partnership could affect ECL's reputation.
Transition to Austin facility may disrupt operations and increase costs.
Open-sourcing technology risks competitors developing similar platforms.

Differentiation

ECL offers a unique cloud-based platform for remote scientific experimentation.
Their virtual lab reduces logistical challenges, enhancing research efficiency and innovation.
ECL's subscription model provides flexible pricing for diverse research needs and budgets.

Upsides

Partnership with CellKey expands ECL's reach in the biotechnology sector.
Open-sourcing Symbolic Lab Language fosters innovation and collaboration in research.
Expansion to Austin, Texas, increases capacity and potential revenue streams.

Funding

Total raised$48.05 M
Latest valuation$75.00 M
StageSERIES_A