LabCycle provides specialized machinery for reconditioning laboratory equipment, including incubators, refrigerators, and agitators. This enables research institutions to refurbish existing instruments, reducing waste and making scientific innovation more sustainable and cost-effective.
Funding
$412.2K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
New laboratory equipment represents a significant capital expenditure, and budgetary constraints can limit the ability of research institutions and other organizations to acquire necessary instruments. Furthermore, disposal of functional but outdated equipment contributes to environmental waste.
Solution
Rewake provides a marketplace for reconditioned laboratory equipment, offering a cost-effective and sustainable alternative to purchasing new instruments. The company acquires used equipment, such as incubators, centrifuges, and balances, and refurbishes them to ensure they meet performance standards. By reconditioning and reselling these instruments, Rewake enables laboratories to access reliable equipment at a lower price point while reducing electronic waste. The company also offers a trade-in program, allowing organizations to sell their surplus equipment for refurbishment and resale.
Target Audience
Rewake's primary customers are research institutions, universities, pharmaceutical companies, and other organizations seeking to acquire affordable and reliable laboratory equipment while promoting sustainability.
Features
- Rigorous testing and reconditioning process to ensure equipment meets performance specifications
- Wide selection of equipment, including incubators, centrifuges, balances, and more
- Detailed product descriptions outlining specifications and condition
- Warranty on all reconditioned equipment
- Trade-in program for organizations to sell used equipment
- Delivery and installation services available