Georgia Tech announces $6 million expansion of its BioSpark Labs facility
The planned expansion is expected to be completed by mid-2023.
Georgia Advanced Technology Ventures Inc., an affiliate of the Georgia Institute of Technology, has announced the expansion of BioSpark Labs — a collaborative, shared laboratory environment designed to enable life sciences and biotech startups.
The $6 million expansion will increase the facility’s usable footprint to 17,000 square feet by adding 11 new private and shared labs, shared scientific equipment spaces, and additional workspaces and offices to attract and support emerging researchers in the bioscience industry.
Located in Science Square, which is designated as a federal opportunity zone, BioSpark Labs helps advance and expand the ecosystem for bioscience research and commercialization in Atlanta. The planned expansion is expected to be completed by mid-2023.
The facility is already home to several bioscience start-ups including Arnav Biotech, Exvade Bioscience, SynthBiome, and Karnelian X, an innovator in cancer treatment with significant expansion plans. Microelectronics start-up Saras Micro Devices also occupies space in BioSpark Labs.
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