SpaceQuest Ventures Invests in Litegrav, Welcomes the Bioscience Pioneer to Accelerator Program

Tallinn, Estonia – January 8, 2024 – SpaceQuest Ventures, a prominent firm focused on space-based and deep-tech companies, announced its strategic investment in Litegrav. Litegrav will join the group’s Accelerator Program, an initiative designed to support early-stage startups across the space sector.

Litegrav’s technologies expedite explorations into how microgravity, partial gravity, and other stressors from extreme environments impact living systems. The company’s research into bioreactor optimization is opening paths to new materials, therapies, and agricultural processes that could reshape a litany of industries on earth.

Khaled Abou Zahr, CEO of SpaceQuest Ventures, shared his enthusiasm: "We are thrilled to welcome Litegrav to our Accelerator Program. SpaceQuest is committed to supporting startups that push the boundaries of space research for the greater good, and Litegrav’s approach to bioscience aligns perfectly with our mission. Microgravity offers a unique environment for biotech research, providing insights into biological processes that are difficult to study under Earth’s gravity. These insights have far-reaching implications for healthcare and biomedical challenges on earth."

Hollós also expressed excitement about the collaboration: "Joining the Accelerator Program is a milestone for Litegrav. This partnership will not only facilitate our bioscience research but also provide access to invaluable mentorship and industry expertise."

Litegrav’s platform is equipped with numerous novel and expediting features, including algorithmic in-silico discovery for protocol optimization and cost prediction. The platform also includes in-lab validation with stackable, modular simulator units designed for high-throughput, multi-assay, and robotic use. Further technological advancements are expected in the near future.

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SpaceQuest Ventures' Accelerator Program operates at the intersection of a venture studio and accelerator, offering a personalized approach to mentorship, funding, and strategic guidance. The program is tailored to the unique needs of each startup, ensuring startups receive the support needed for their long-term success.

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