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Opentrons

Opentrons

Affordable laboratory automation solutions provider

About

Opentrons provides affordable and user-friendly laboratory automation solutions, primarily targeting the biotechnology and life sciences sectors. Their main product, the OT-2, is a liquid handling robot that automates repetitive tasks like pipetting, which involves transferring liquids between containers. This robot is designed to be easy to set up and use, making it accessible for smaller labs and institutions that may not have the budget for traditional automation systems. Opentrons generates revenue through the sale of their robotic systems, software subscriptions, and consumables necessary for operation. Their focus on affordability and simplicity differentiates them from competitors, allowing them to serve a diverse range of clients, including academic research institutions, pharmaceutical companies, and clinical laboratories. The goal of Opentrons is to transform laboratory automation by making it more accessible to a wider audience.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, Robotics & Automation, Consulting, Hardware, AI & Machine Learning, Aerospace, Biotechnology, Healthcare

Total Funding

$272.5M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The launch of Opentrons for Education demonstrates the company's commitment to making lab automation a universal skill, potentially increasing its market reach and influence.
  • The appointment of Gregory Cole as Chief Innovation Officer and Gautam Prabhu as CTO brings significant expertise to drive innovation and product development.
  • The introduction of the automation marketplace and AI-powered protocol generation tools can significantly streamline research processes, making Opentrons' solutions more attractive to a broader range of clients.

What critics are saying

  • The competitive landscape in lab automation is intense, with larger companies potentially overshadowing Opentrons' market presence.
  • Rapid expansion and the integration of new technologies and partnerships may pose operational challenges and strain resources.

What makes Opentrons unique

  • Opentrons offers affordable and user-friendly lab automation solutions, making it accessible to smaller labs and institutions that typically cannot afford traditional, high-cost systems.
  • The company's focus on creating an open-access protocol library and generative AI tools for protocol development sets it apart from competitors who may not offer such extensive resources.
  • Opentrons' strategic partnerships, such as with Genie Life Sciences, enhance its product offerings and provide comprehensive solutions for lab automation.

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-4%

2 year growth

-39%

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