Measurlabs is a technology company.
Measurlabs has raised $3.0M across 1 funding round.
Measurlabs has raised $3.0M in total across 1 funding round.
Measurlabs is a technology company specializing in providing comprehensive laboratory testing services for materials, products, and chemicals across multiple industries. It serves sectors such as medical devices, food contact materials, semiconductors, polymers, pharmaceuticals, and environmental research. By leveraging a network of over 900 accredited partner laboratories worldwide, Measurlabs offers a one-stop solution for R&D, quality control, and regulatory compliance testing. Its service simplifies the complex process of ordering and managing tests by consolidating multiple analyses through a single point of contact, enhancing efficiency and reducing costs for its customers. The company has demonstrated strong growth momentum, serving over 1,000 customers globally and expanding its presence with offices in Finland, the UK, and the US[1][2][3][6].
Measurlabs was founded in 2017 by Teemu Myllymäki and Kalle Lagerblom in Helsinki, Finland. The founders, both experts in the testing field, initially focused on sourcing hard-to-find laboratory analyses but soon identified a broader market need for a streamlined, comprehensive testing service. Their deep understanding of the challenges faced by R&D and quality assurance teams in managing multiple testing providers led to the creation of Measurlabs as a centralized platform. Early traction came from addressing inefficiencies in the testing market, particularly for startups and enterprises requiring reliable, fast, and cost-effective testing solutions. This foundation helped the company attract a strong team of PhDs and MScs with expertise across various analytical disciplines[2][4].
Measurlabs rides the trend of digital transformation and consolidation in the Testing, Inspection, and Certification (TIC) industry, a traditionally fragmented and underdigitized market. The timing is favorable due to increasing regulatory complexity, rising demand for sustainable and compliant materials, and the growth of R&D activities in sectors like medical devices, semiconductors, and sustainable products. By offering a streamlined, tech-enabled marketplace for laboratory testing, Measurlabs addresses significant information asymmetries and inefficiencies, helping companies accelerate product development and market entry. Its role supports innovation ecosystems by enabling startups and enterprises to meet stringent quality and safety standards more efficiently, thus fostering faster commercialization of new technologies[3][4].
Looking ahead, Measurlabs is poised to expand its market leadership in Europe and beyond by scaling its sales operations and further automating test ordering processes. Trends such as sustainability, circular economy requirements, and increasing regulatory demands will continue to drive demand for comprehensive testing services. The company’s ability to integrate more laboratories, enhance digital workflows, and deepen expert support will likely strengthen its influence in the TIC sector. As product complexity and compliance needs grow, Measurlabs’ centralized, expert-driven model positions it well to become an indispensable partner for R&D and quality assurance teams globally[4][5].
In summary, Measurlabs transforms the laboratory testing landscape by combining extensive expertise, a broad partner network, and digital efficiency to meet the evolving needs of innovation-driven industries.
Measurlabs has raised $3.0M in total across 1 funding round.
Measurlabs's investors include VentureFriends, Valentin Stalf.
Measurlabs has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2023 | $3.0M Seed | VentureFriends, Valentin Stalf |