Volta Labs

Volta Labs

Develops software for genomic data analysis

About

Volta Labs focuses on genomic analysis by developing software tools that help research institutions, clinical laboratories, and biotech companies process genomic data accurately and efficiently. Their software is designed to generate precise results from genomic samples, which is essential for advancements in personalized medicine and biotechnology. Unlike many competitors, Volta Labs combines software development with advanced biochemistry, allowing them to create tailored solutions for their clients. The company's goal is to enhance the efficiency and accuracy of genomic analysis, making it accessible to a global audience while generating revenue through software licensing and service contracts.

Company Stage

Seed

Employees

51-200

Industries

Enterprise Software, Biotechnology, Healthcare

Total Funding

$23.6M

Headquarters

Cambridge, Massachusetts

Founded

2018


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Simplify's Take

What believers are saying

  • Growing demand for automated genomic solutions boosts Volta Labs' market potential.
  • Partnerships with Element Biosciences and IDT expand Volta Labs' reach and capabilities.
  • Volta Labs' innovative technology addresses cost and scalability challenges in genomics.

What critics are saying

  • Emerging startups in genomics automation increase competition for Volta Labs.
  • Rapid technological advancements may render Volta Labs' solutions obsolete.
  • Data privacy concerns could impact Volta Labs' data monetization strategies.

What makes Volta Labs unique

  • Volta Labs integrates digital fluidics for scalable genomic automation.
  • Partnerships with industry leaders enhance Volta Labs' platform-agnostic solutions.
  • Callisto Sample Prep System reduces hands-on time and operator training.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

8%

2 year growth

40%

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