Entrepreneurs in life science are getting easier access to affordable wet-labs in the innovation district Copenhagen Science City. This is a result of recent 6 million DKK (800,000 EUR) funding by The Danish Industry Foundation of the organisation CPH-Labs. With the funding, comes a new partnership with University of Copenhagen.
Double up on space. Double up on entrepreneurship
The Danish Industry Foundation (Industriens Fond) is a philanthropic foundation, which supports initiatives that strengthen the competitiveness of Danish Industry. Their grant to CPH-Labs aims to expand the life science and biotech ecosystem in Denmark. With the six million over three years, CPH-Labs can grow from housing eight teams to 16.
Vital for validating inventions
CPH-Labs have been operational since March 2020. According to current members, the labs have provided a much-needed facility for validating biotech ideas in an efficient and affordable way. For the non-invasive diagnostics start-up company Dianox, the lab has been a great help
Working in CPH-Labs has helped us develop a prototype into a product in the fastest way possible. It’s fun to work side-by-side with high-level people who are both the founders and the hands-on workers in the lab. It creates a dynamic open innovation environment.”: Christian Code, CTO, Dianox.
Thanks to the funding provided by Industriens Fond, we will collaborate in new ways to boost the life science entrepreneurial ecosystem and create a blueprint for developing shared labs spaces”: Josephine Schrøder, Head of CPH-Labs.
An open door to all company needs
In addition to lab facilities, CPH-Labs plans to connect users to peers, mentors, experts, researchers and investors through networking events and workshops. They hope to provide companies with everything they need, to raise significant funding or to get accepted in accelerators at later stages.
Symbion is one of the most experienced communities for startups in Denmark with more than 650 startups located at 7 different locations. REBBLS is Copenhagen’s leading network of young life science entrepreneurs and professionals. University of Copenhagen is the highest-ranking university in Denmark.
Ideal opportunities for co-locating and co-creating
Copenhagen Science City is an innovation district in the heart of the Danish capital. Six start-up communities, 450 start-ups in all tech verticals and collaboration opportunities with University Hospital Rigshospitalet, University College Copenhagen and University of Copenhagen makes the area one of the best places in Europe to launch or boost an innovation intensive company.