Merck Accelerator selects innovative laboratory software for development
The innovative German start-up labfolder is going to take part in the Merck Accelerator program. The company that has developed a digital logbook for use in laboratories was chosen from a group of 475 applicants. Labfolder will now have the opportunity to spend three months working in the Darmstadt-based accelerator program of the science and technology company Merck.
The Merck Accelerator selects and supports innovative start-ups at their critical, early stages of development. The projects it focuses on are related to healthcare, life sciences, performance materials and digital solutions. Start-ups accepted to the program receive office space, grants and have access to coaching and mentoring from an international pool of 50 thousand experts from more than 60 countries. Fledgling enterprises that are selected may work in Nairobi or Darmstadt, which is home to the program's Innovation Center.
Founded in Berlin in 2013, labfolder GmbH has developed software for use in laboratories that brings together an Electronic Lab Notebook (ELN) and a Laboratory Information Management System (LIMS) in one platform that has the potential to revolutionize the work of researchers world-wide. Among the software's key features are capabilities that allow more efficient management of increasingly larger and more complex data sets. As digitization continues, labfolder software will replace conventional, "hard copy" laboratory record books.
Labfolder co-founder and CEO Simon Bungers, a molecular biologist, explains why the Merck Accelerator program is good for his company: "It takes us into the world of pharmaceutical industry research and the world of laboratory suppliers." He continued, "Firstly, at Merck they know how one works in a lab, and secondly, they know how products for the lab are made and marketed, and what you have to be aware of in doing this." During the next three months, labfolder's 20 employees will be sent to Darmstadt in groups of two or three at a time to ensure as many of them profit from the accelerator as possible.