February 19, 2021

LabCentral Announces $22.4 Million in Committed Funding for Shared Laboratory Space for Biotech Startups

LabCentral, the first-of-its-kind shared laboratory space designed as a launchpad for high-potential biotech startups, announced a total of $22.4 million in sponsorship commitments for LabCentral 238, a fully functional life sciences laboratory with a focus on scale-up bio-manufacturing.

Thermo Fisher Scientific and Waters Corporation join Astellas and the Massachusetts Life Sciences Center (MSLC) as sponsors. Part of the Massachusetts Institute of Technology’s (MIT) South of Main Street (SoMa) Development in the heart of Kendall Square’s innovation hub, LabCentral 238 is currently under construction and is expected to open in November 2021.