Labster, the developer of a game-based platform with virtual laboratory simulations, raised USD 47 million in a round that included new investors Sofina Group and Pirate Impact as well as existing investors Owl Ventures, Andreessen Horowitz, EduCapital, NPF Technologies, and GGV Capital.

The funds will be used to expand within Europe and the US, and enter new markets in Asia and Latin America. The company also intends to reach new audiences: younger students and adults for workforce skills training. It expects to serve 100 million students globally, supported by its institutional and government partnerships.

Additionally, the company is expanding its portfolio to provide virtual lab simulations for hybrid, remote, and in-person learning modalities and, accordingly, is hiring across its engineering, product, sales, and customer success teams.

The platform currently serves more than 3,000 universities and high schools as well as millions of students annually across 70+ countries.