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LabCentral

Co-working biotech lab space and services

Overview

LabCentral provides shared lab and office space in Cambridge, Massachusetts, specifically for early-stage biotech and life sciences startups. Its core offering is a membership-based lease model that gives startups access to state-of-the-art laboratory facilities, office areas, and shared equipment, enabling them to carry out research and development without building their own facilities. The service centers on a collaborative ecosystem that combines dedicated infrastructure with community resources to support rapid progress in biotech projects. Compared with general coworking spaces, LabCentral focuses on the biotech sector, providing specialized wet labs, safety systems, and professional support within a biotech-focused community. The goal is to accelerate the development of breakthrough technologies and therapies that can improve patient outcomes and save lives by removing the operational burdens of facility setup and maintenance for startups.

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About LabCentral

Simplify's Rating
Why LabCentral is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Real EstateBiotechnologyHealthcare

Company Size

51-200

Company Stage

Grant

Total Funding

$35.7M

Headquarters

Cambridge, MA

Founded

2012

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What believers are saying

  • March 2026 impact report showed $1.25 billion raised and 737 jobs in 2025.
  • LabCentral launched its second AI BioHub cohort in March 2026 with 16 teams.
  • New 2026 programs attract first-time founders, interns, and overseas biotech companies.

What critics are saying

  • LabCentral still relies on sponsor grants like MassTech’s $1.9 million Sector Spark.
  • Weak biotech funding in Cambridge cuts occupancy and shrinks Golden Ticket demand by 2027.
  • If venture funding stays weak, resident startup failures destroy LabCentral’s tenant pipeline.

What makes LabCentral unique

  • Since 2013, LabCentral pairs fully permitted Kendall Square labs with programming and network.
  • In 2026, The Loop gives international founders Boston access without full relocation.
  • The AI BioHub with C10 Labs fuses wet labs, AI support, and mentorship.

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Funding

Total Funding

$35.6M

Above

Industry Average

Funded Over

3 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Disability Insurance
  • Life Insurance
  • Paid Vacation
  • Parental Leave
  • 401(k) Company Match
  • Commuter Benefits
  • Wellness Program
  • Phone/Internet Stipend
  • Professional Development Budget

Company News

LabCentral
Sep 8th, 2026
New LabCentral Program "The Loop" Offers International Biotech Start-Ups and Partner Organizations Curated Learnings Directly from U.S. Market

Press releases. New LabCentral program "The Loop" Offers international biotech start-ups and partner organizations curated learnings directly from U.S. Market. September 8, 2026 | By. Global biotech start-ups and affiliated partner organizations will have access to the Boston and Cambridge ecosystem in Kendall Square to forge cross-border collaboration through networking, education, and programming BOSTON, Sept. 8, 2026 /PRNewswire/ - LabCentral recently announced the launch of The Loop, a new soft-landing program that provides high-potential global biotech companies developing therapies to address unmet medical needs with accelerated access to the U.S. ecosystem. Global start-ups will sharpen their value propositions and accelerate their U.S. market-entry through intentional networking and focused cross-border collaboration without the commitment to a full relocation. The program is designed for participants to bring their learnings from Kendall Square back home. This first-of-its-kind offering at LabCentral allows international founders to join the resident community without the obligation of renting lab space. "Breakthroughs happen when people and ideas come together and build those meaningful connections, and in an ever-expanding global biotech ecosystem it's critical to link and build internationally. Our goal with The Loop is to create more than an introduction - we want to create a pathway into the local biotech community, giving international founders the opportunity to build lasting relationships with investors, partners, advisors, and fellow entrepreneurs," said Maggie O'Toole, CEO of LabCentral. A cornerstone of the programming is The Loop Week Summit, happening from September 14 - September 18, 2026. Participants from around the world will spend the week immersed in LabCentral's ecosystem with concentrated exposure to the Boston life sciences industry. In attendance will be representatives from over 20 companies across 10 countries, including Japan, South Korea, Denmark, Taiwan, Czech Republic, Canada, India, Greece, Ireland, and Hong Kong. Additional programming components available to participants of The Loop include: * Executive Residency for up to 90-days in-person office residency at LabCentral * Executive Education with exclusive courses led by seasoned entrepreneurs who also serve as faculty at Harvard * Mentorship & Pitch Coaching with targeted guidance on strengthening U.S. value proposition * Dedicated Programming Day spotlighting partnering opportunities between delegations and the LabCentral network A Seoul Biohub official said the program "gives Korean biotech start-ups the opportunity to build real relationships with key players in the Boston ecosystem - the world's largest life sciences market - without taking on the enormous cost and risk of fully relocating to the U.S.," adding that it "will serve as a meaningful springboard for Korean biotech companies approaching technology partnering deals." The Loop Program Partners represent both public and privately held economic development organizations from various countries in Europe and Asia, adept at identifying high potential start-ups that would benefit from an immersion experience with LabCentral's ecosystem and expertise. "We are pleased to celebrate the launch of the LabCentral Loop Program. Strengthening connections between Asian entrepreneurs and the Boston biotech ecosystem is essential to advancing life science innovation, and we believe the Loop Program will provide meaningful opportunities for emerging start-ups to grow on a global stage," remarked Toshio Fujimoto, CEO, iPark Institute Co., Ltd. Along with Shonan iPark in Japan, additional partners include Innovation Centre Denmark - Boston, Seoul BioHub, Hong Kong Science & Technology Park, Quebec Government Office in Boston, IOCB Tech, and other start-up support organizations. "...By connecting these companies with the knowledge, networks and resources of the Greater Boston ecosystem, the program can help accelerate their international growth, strengthen their global ambitions, and bring valuable experience and connections back to Denmark," said Ann-Christina Lange, Consul General of Denmark & Executive Director, Innovation Centre Denmark Boston ABOUT LABCENTRAL A private, non-profit institution, LabCentral is a launchpad for high-potential life sciences and biotech start-ups with more than 200,000 square feet of space across Kendall Square in Cambridge, Mass., and the Harvard University campus. Founded in 2013, LabCentral offers a full complement of programming and networking to life sciences entrepreneurs in addition to fully permitted laboratory and office space for early-stage and growing life sciences companies. In its first twelve years, LabCentral residents raised more than $21 billion in funding and created more than 7,800 jobs. More information is available at www.labcentral.org.

BioSpace
Aug 19th, 2026
With China rising, Hong Kong builds bridge to biotech innovation.

With China rising, Hong Kong builds bridge to biotech innovation. August 19, 2026 | Massachusetts-based biotech accelerator LabCentral signed an agreement with Hong Kong Science and Technology Parks Corporation in June to connect founders with the U.S. ecosystem - and fuel more innovation. With geopolitical risk rising around the swarm of Chinese biopharma deals, Hong Kong is looking to position its growing biotech sector as the next great destination for dealmaking. This summer, representatives from two biotech accelerators on opposite sides of the Earth met at the BIO International Convention to sign an agreement that will fuel innovation for years to come - and, they hoped, make a statement that Hong Kong has plenty to offer as the low hanging fruit is picked out of China. LabCentral signed a memorandum of understanding with Hong Kong Science and Technology Parks Corporation (HKSTP) at the convention, agreeing to trade scientists across borders so that they can build their startups and work to make more connections in China. "I hope that we can find a way to collaborate with China. I think places like Hong Kong are key for that, because they're a gateway," said Maggie O'Toole, CEO of the Cambridge, Massachusetts biotech accelerator LabCentral, on the sidelines of the BIO conference in June. Axiom Biosciences is thinking outside of the box, betting on a public debut in Hong Kong to raise capital and grow into a global company. July 21, 2026 The initiative came from a LabCentral program called the Loop, which invites founders from overseas to visit Cambridge for 90 days to build toward a U.S. visa application. The founders are paired with mentors and embedded in the biotech ecosystem, with an aim of learning the ways of the American venture capital system and building a pitch deck. Through this program, Lab Central connected with HKSTP, which jumped at the chance to exchange talent. Terry Wong, CEO of HKSTP, told BioSpace that investment activity in China has helped buoy Hong Kong's sector and generated excitement. HKSTP was simply taking advantage of the market opportunity. From O'Toole's perspective, the debate around China has thrown up unnecessary barriers to biotech innovation. "There are more and more barriers that are being put in place that are artificial to collaboration," she said. "We are trying to find out how we can take some of those away and create opportunities for the scientists to collaborate." The Hong Kong orchestrator. Hong Kong has had a thriving life sciences sector for years, Wong said, with about 120 therapeutics developers that are aiming to break into U.S. markets. The region is a leader in venture capital investment and has strong intellectual property protections, he added, supporting a "very stable and very business-friendly place for people to land as a hub." He has seen plenty of interest in Hong Kong biotechs, with about two-thirds of venture capital investment coming from China and other Asian nations while one third is international. European VCs have also taken notice of Hong Kong biotechs, Wang said, particularly in the past two to three years. Hong Kong is also home to a thriving stock market, which has become an attractive place for companies in China to list their initial public offerings, Raven Lin, CEO of Pilatus Biosciences, said during a panel discussion at BIO on June 24. International companies may also target Hong Kong for their public debuts. Last month, Axiom Biosciences CEO Remo Moomiaie-Qajar told BioSpace that the San Diego-based biotech is looking to IPO in the territory instead of in New York next year. Moomiaie-Qajar said he views Hong Kong as more advantageous than the Nasdaq or New York Stock Exchange. When signing a biotech licensing deal in China, experts say that pharma's patent attorneys need to understand the geopolitical risk of the BIOSECURE Act. July 28, 2026 Wong referred to the HKSTP as an "orchestrator" to allow interested stakeholders a chance to explore Asia. The memorandum with LabCentral is simply riding the wave of excitement. "This is one of the actions that is driven by the market trends for us to get together," he said. He pointed to a partnership HKSTP has with Arthrosi Therapeutics. The accelerator helped connect the gout drug developer with hospitals and medical doctors in Hong Kong to boost diversity in the company's clinical trial. "That's a very successful case. I would say without our part of the clinical trial, I think [it] would take much longer for the clinical trial to be successful," Wong said. This isn't about replacing China, O'Toole clarified. The region still has plenty to offer. But in the age of the BIOSECURE Act and other legislative moves to curb China's influence, Hong Kong can offer a potentially safer alternative in Asia to spread out investment, she argued. "[Hong Kong is] sort of a hub where they're engaged with all of these different groups, and they're still considered safe to be engaged with."

PR Newswire
Mar 31st, 2026
LabCentral adds new HR and People Strategy offerings to support early-stage biotech companies.

LabCentral adds new HR and People Strategy offerings to support early-stage biotech companies. Mar 31, 2026, 09:03 ET Resident companies now have free access to specialized trainings, HR office hours, and community perks CAMBRIDGE, Mass., March 31, 2026 /PRNewswire/ - LabCentral today announced a new suite of human resource and people strategy offerings available to resident companies, including employee development opportunities, dedicated office hours, expanded support from LabCentral's People Strategy team, and new community perks, at no additional charge. "We are always looking for new opportunities to support our resident startups, and adding these resources and programs gives teams access to essential information and experiences that they might not otherwise have access to," said Tera Kull, LabCentral's Senior Director of People Strategy & Communications. "At LabCentral, we believe that people are an organization's most valuable asset and want to share that with resident leaders as they build their company cultures." LabCentral is committed to delivering best-in-class support and operational excellence to resident companies, and reducing administrative burden so early-stage founders can focus on advancing their science and growing their businesses. As part of the all-inclusive lab experience, LabCentral manages day-to-day lab operations, including permitting, waste removal, procurement, and equipment maintenance and training. With these new resources, resident founders and their teams can access: * Seminars for building successful organizations. The first offering in the series, Navigating Generational Dynamics, will be held on April 29, 2026, and explores the implications and opportunities of having multiple generations in the workforce. Later sessions will focus on creating culture and emotional intelligence. * Office hours hosted by LabCentral's People Strategy team to tap into their expertise around core human resource best practices, including overarching strategies, team building, intentionality in establishing culture, management strategies, and other topics. * Community perks, offering discounted access and engagement opportunities including local gyms and Trustees of the Reservations passes. About LabCentral A private, non-profit institution, LabCentral is a launchpad for high-potential life-sciences and biotech start-ups with more than 200,000 square feet of space across Kendall Square in Cambridge, Mass., and the Harvard University campus. Founded in 2013, LabCentral offers a full complement of programming and networking to life sciences entrepreneurs in addition to fully permitted laboratory and office space for early-stage and growing life sciences companies. In its first twelve years, LabCentral residents raised more than $21 billion in funding and created more than 7,800 jobs. More information is available at www.labcentral.org. SOURCE LabCentral

LabCentral
Apr 3rd, 2025
LabCentral Appoints Margaret O'Toole to CEO

CAMBRIDGE, MA - april 3, 2025 - LabCentral, the premier massachusetts-based network of coworking labs designed to accelerate high-potential biotech startups, today announced that its board of directors has appointed margaret (Maggie) O'Toole, LabCentral's EVP and COO, as CEO effective may 1, 2025.

PR Newswire
Mar 18th, 2025
Labcentral And C10 Labs Unveil New Ai Biohub In Kendall Square

MassTech Sector Spark Grant is Catalyst for New Infrastructure and Program Supporting Life Sciences EntrepreneursAnna Marie Wagner Named Strategic AdvisorCAMBRIDGE, Mass., March 18, 2025 /PRNewswire/ -- LabCentral, the premier Massachusetts-based network of coworking labs designed to accelerate high-potential biotech startups, today announced the creation of a new AI BioHub in Kendall Square. Designed to support life sciences startups that need cost-effective access to both AI resources and wet lab space, LabCentral's new AI BioHub addresses an unmet need in the market.This new center of excellence is made possible by a $1.9M Sector Spark grant from the Innovation Institute at the Massachusetts Technology Collaborative (MassTech) to LabCentral and strategic partner, C10 Labs. The grant enables LabCentral to make capital investments in essential research tools that will enable life sciences entrepreneurs to integrate AI into their development.C10 Labs, a Cambridge-based venture studio partner with deep expertise in AI commercialization, will co-lead multiple AI/bio cohorts, bringing their proven methodology for identifying, developing, and scaling AI-first startups to this pioneering life sciences initiative. The experts in the room and the access to lab equipment will create the "wet lab in the loop" needed for early-stage AI and biotech companies to be successful. Their studio focuses on "Applied AI" ventures across industries such as healthcare, climatetech, fintech, robotics, enterprise SaaS, and more. Some of their previous applied AI in bio startups include QMB (AI for regulatory approval), DeepkinetiX (digital twin as a service for preclinical drug development), Shifa Precision (AI diagnostics platform), and others.Anna Marie Wagner, a leader at the intersection of AI and the life sciences, has joined the LabCentral AI BioHub as a strategic advisor

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