About
"LabMinds Revo will revolutionize one of the most thankless but critical tasks in wetlab biology." - PI & Customer at Memorial Sloan Kettering Revo automates solution preparation for wet labs, a repetitive process using up 1,000,000h of researcher time every day, replacing a 30min procedure with two clicks on a smartphone. Revo in action: http://www.labminds.co/video/solution-preparation Commercial: * Unit Price in the high tens of thousands * Market: ~100,000 systems for ~550,000 labs * Profitability & recurring revenue visible to investors below Status: * Technology has been developed and is ready to go in to production * System developed and trialed with Universities of Oxford & Harvard * First paid for unit in use at Memorial Sloan Kettering in NYC * High barriers to entry Next: * Scale up manufacturing & delivery * Deliver to the first 15 customers already waiting * Validate with a big pharmaceutical (also already waiting)