BLACKBIRD LABS


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Blackbird Labs, a Next-Generation Life Sciences Accelerator, Launches with $100 Million and Foundational Collaboration with Johns Hopkins University

Retrieved on: 
Tuesday, November 7, 2023

BALTIMORE, Nov. 7, 2023 /PRNewswire/ -- Blackbird Laboratories, Inc. ("Blackbird Labs"), a next-generation life sciences accelerator, today announced that it has launched with a $100 million founding grant from The Stephen and Renee Bisciotti Foundation and research collaborations with Johns Hopkins University, the University of Maryland, Baltimore, and the Lieber Institute for Brain Development. Blackbird Labs' mission is to accelerate the development and commercialization of novel medicines and cutting-edge technologies to enhance the well-being of patients facing unmet medical needs.   

Key Points: 
  • Blackbird Labs provides capital, program management, and strategic scientific and business input from its newly recruited team of life sciences professionals, seeking to bridge the gap between pioneering academic science and industry.
  • Blackbird Labs is led by Matt Tremblay, Ph.D., the CEO and a founding member of the board of directors since Blackbird Labs' creation in January 2023.
  • Blackbird Labs launches with a world-class group of advisors spanning the global life sciences venture investment community and business leaders.
  • "Blackbird Labs is an exciting new element of our innovation ecosystem, a unique resource for funding and expertise to help bring Johns Hopkins technologies to market.

Blackbird Labs Raises $24 Million Series A Round From a16z, Amex Ventures and More to Help Transform the Way Restaurants Approach Diner Loyalty

Retrieved on: 
Wednesday, October 4, 2023

NEW YORK, Oct. 4, 2023 /PRNewswire/ -- Today, Blackbird Labs, a hospitality technology company whose platform helps restaurants directly connect and reward their guests, as well as incentivize these customers to return, announced it has raised a $24 Million Series A round. The round was led by a16z, with participation from Amex Ventures and Bolt by QED, as well as the company's previous seed investors like Union Square Ventures, Shine, Variant, plus leading restaurant groups: Quality Branded, Rustic Canyon Family, Souvla and Brooks Reitz. The new funding will help Blackbird scale operations as it meets an ever growing need from leading restaurants across the country for an all new solution that will help them drive customer loyalty and create new revenue streams.

Key Points: 
  • Loyalty and connectivity are the next frontier and we're excited to be leading on this path forward.
  • Adding incredible investors like a16z, Amex Ventures and Bolt by QED will be crucial to us achieving our goals."
  • In just a few short months, Blackbird has struck a chord with over 80 leading restaurants in the industry, with 22 restaurants already live.
  • All of these restaurants have chosen the platform for its ease of use and ability to help them better understand their customers.