Britbots portfolio company CheMastery has secured an oversubscribed multi-million-pound seed funding round to increase the efficiency of chemical research and manufacturing.
The Company estimates around 80% of the average chemist’s time in the lab is spent on low-skill manual duties, which slows down the progress of industries such as biotech, life science, food, and pharmaceuticals. CheMastery is developing processes to automate these repetitive and time-consuming manual elements of chemistry.
Find out more: https://www.uktech.news/deep-tech/chemastery-closes-seed-round-20221213
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* Figures based on the most recent price-per-share of the companies in the British Robotics Seed Fund 2 as at 01/07/2022, inclusive of income tax benefits accrued.
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