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Lemnos Labs Secures $1.85M

2012-11-19
SAN FRANCISCO, CA, Full-service hardware incubator raised $1.85 million in funding, which will allow existing and future startups within its program to successfully execute upon their road maps.
Lemnos Labs, a full-service hardware incubator, today announced five new companies along with funding and an entrepreneur in residence (EIR) to support its overall growth in the Silicon Valley hardware industry. MIT graduates Jeremy Conrad and Helen Zelman founded the incubator in 2011 to provide early-stage startups with a built-in network and access to the tools and resources necessary for success.

$1.85 million in funding will allow existing and future startups within its program to successfully execute upon their roadmaps and expand resources offered within the incubator. Investors include Alex Lloyd of Accelerator Ventures, Alex Vikati, Ash Patel, Matt Mullenweg's Audrey Capital, Daniel Abrams, Don Hutchison, Edwin Ong, Jack Herrick (founder/CEO of wikiHow.com), Naval Ravikant, Othman Laraki, Paul Sethi and Seraph Group.
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