EdTech Europe 2014 Innovation Showcase: Labster
•
1 like•998 views
Labster provides immersive 3D science simulations and virtual labs to increase learning effectiveness and reduce costs for universities and high schools. Using advanced simulations, interactive animations, and adaptive quizzing, Labster offers a fully interactive learning experience. Studies show Labster can increase learning outcomes by up to 90% while reducing costs by 90% compared to traditional labs. With millions of students in target markets and prices as low as $50 per student per year, Labster aims to save billions in education costs while better preparing the next generation of scientists.
More Related Content
What's hot
What's hot (15)
Viewers also liked
Viewers also liked (20)
Similar to EdTech Europe 2014 Innovation Showcase: Labster
Similar to EdTech Europe 2014 Innovation Showcase: Labster (20)
More from EdTech Europe
More from EdTech Europe (20)
Recently uploaded
Recently uploaded (20)
EdTech Europe 2014 Innovation Showcase: Labster
- 1. Empowering the next generation of scientists to change the world Mads Bonde Founder and CEO, Labster
- 2. The Customer Pain - Traditional Laboratory Teaching Target: Universities and High Schools Low learning effectiveness High Costs Estimated $50 billion / year worldwide Source: Moskovitz, SCIENCE, 2011 Documented by Research
- 6. A Fully Immersive Learning Experience Advanced mathematical simulations Engaging guided 3D animations Adaptive quiz questions and learning wiki Engaging real- world scenarios Expensive simulated equipment
- 7. Analytics Provide student feedback Evaluate student’s performance Improve teaching Teachers’ Dashboard Students’ Dashboard Progress feedback Student ranking system Quiz statistics
- 8. Clients all over the world –scalable product
- 9. “The use of Labster’s products has significantly increased the learning outcome and motivation level of our students” -Kim Failor, Ph.D. Head of Science at Stanford University OHS “There is no existing program that fills the need that Labster addresses” -Kate Spohr, Education Manager at UC Berkeley “We have been absolutely impressed by the dedication, support and collaborative spirit of the staff at Labster” Gianni Panagiotou, Professor at Hong Kong University …
- 10. Traditional Lab Labster LOW learning effectiveness HIGH learning effectiveness $ 500+ per semester/student $50 per semester/student Labster Offers Up to 90% Cost Reduction to Schools Source: Moskovitz SCIENCE (2011), Own survey at 10 universities
- 11. $600,000 Next-Gen DNA Sequencer Price in Labster: $20
- 12. We can help schools save billions of dollars collectively, while increasing learning outcomes and motivation
- 13. Total Addressable Market -Europe, North America and Dev. Asia Nr. of students in target group Price pr. Student Total Addressable Market Universities 15 million 100 USD pr. year 1.5 Billion USD pr. Year Secondary schools 50 million 40 USD pr. year 2 Billion USD pr. Year Total 3.5 Billion USD pr. Year Conservatively estimated student numbers. Sources: UNESCO, CIA world factbook, National center for education statistics Other markets for Labster’s technology: • Primary schools • Vocational education • Corporate training
- 14. Labster evolved rapidly 2011: First grant 2012: Platform and 1 lab released 8 employees 2013: Labster 2.0 10 labs. 12 employees. 2014: Labster 3.0 25 labs. 20 employees.
- 15. Financials • Cash-flow positive • Grant funding of 3 million Euros – (2M Euros in 2014) • 100% owned by founders
- 16. Founders with complementary skills Michael Bodekaer, CTO • M.sc Strategic mgmt. & financing -Kellogg School of Mgmt. & CBS • Experienced Tech Entrepreneur • Former McKinsey consultant • 3 successful exits Mads Bonde, CEO • M.Sc. (hons.) Biotechnology engineering -Harvard Medical School & DTU • Biotech and education research • Extensive teaching experience
- 18. Online lectures
- 21. Our Mission Leverage technology to create scalable science education with increased learning outcomes and motivation
- 22. Gamified Simulations TechnologyLearning Formats Problem Solving Instant Feedback Dialogue Collaboration Gamification Active learning Platforms 3D Simulations Videos Wiki Ebook Quiz/Challenges Delivery Formats
- 24. Marcia Linn Professor, Graduate School of Education
- 25. Surveys on Motivation 86% of students say more interesting than ordinary excercises 97% of students say it’s exciting to use Labster Survey with 220 students from Stanford University OHS, 2 Boston High Schools and DTU
- 26. Scientific Research: Labster Significantly Increases Learning Outcomes Please contact mads@labster.com if you are interested in receiving the article or covering the story Press Embargo Scientific article by 3rd party researchers will be published July 1st
- 27. Our amazing team Management • CEO: Mads Bonde • CTO: Michael Bodekaer Sales • Lasse Berg • Mikael Thorup • Maris Magdalenoks • Joeri Tjitra Content Production • Tamara Tjitrowirjo • Mathias Heim • Hilbert Jensen • Dewi Ayu • Boni Development • Marcelino • Rudy Pangestu • Aditya Yuwono • Tomasz Krakowiak • Aslam Hadi 3D Production & Artists • Max Bottega • Arie Leo • Rendi Rainando Administrative & HR • Camilla Thorsen • Inten Tirkasari
- 28. Oculus Rift
- 30. Our Motivation
- 35. Our Vision Empowering the next generation of scientists to change the world