CAMBRIDGE, MA -- Elemental Machines introduces a new suite of products to help scientists accelerate time to discovery by improving experimental reproducibility, one of the top challenges in research. The company has raised $2.5 million in seed financing from leading venture capital firms and investors, including FF Angel, Max Levchin, Project 11 Ventures, 2M Companies (family office of Morton H. Meyerson), and Rock Health.
With global spending on life sciences research and development (R&D) exceeding $200 billion[1], reproducibility – the ability to successfully replicate an experiment and its result – is one of the most pervasive issues faced by the scientific community. Lack of reproducibility directly impacts the overall cost and time to market for new drugs and therapies across industries, including pharma, biotech, medtech, and synthetic biology.
Much like "smart home" products have pervaded the consumer space, Elemental Machines is transforming science with "smart lab" products. The EM Suite is a rich set of tools that measures the leading sources of experimental variability, such as temperature, humidity, vibration, light, and instrumentation to provide scientists with visibility into how these factors can subtly corrupt experimental results.
Founded by a team with deep expertise in wearables, medical devices, and data analytics, the company is led by Sridhar Iyengar, President and CEO, Elicia Wong, CTO, Gary Tsai, VP Engineering, and Sonny Vu, who is serving on the Board of Directors. The team has successfully built Misfit, which was recently acquired by Fossil Group, and AgaMatrix, a leader in consumer healthcare technology that has shipped more than 6 million devices and 2 billion sensors. AgaMatrix developed the first medical device to connect to the iPhone, which was distributed by Sanofi and the Apple store, and has partnerships with leading pharmacies, including CVS and Walgreens.
About the EM Suite
Designed specifically for scientific research environments, the EM Suite features:
•Elemental Insights -- an intuitive web-based software application that provides real-time visualizations and dashboards to pinpoint factors affecting outcomes,
•Elements -- Networks of distributed intelligent sensors that passively monitor the lab environment, and
•Elemental Alerts – Text and email notifications should any of the Elements encounter an anomaly.
For more information, visit http://www.elementalmachines.io