We had the good fortune of connecting with Llewellyn Cox and we’ve shared our conversation below.
Hi Llewellyn, what was your thought process behind starting your own business?
Lab Launch was born out of a community of LA-area scientists and entrepreneurs who were frustrated by the lack of facilities and support in the area for startup biotech companies. We collectively realized that one of the key problems was a paucity of affordable, quality laboratory spaces, and so we founded our company with the express goal of closing the infrastructure gap with more established biotech hubs such as San Francisco or Boston.
Can you give our readers an introduction to your business? Maybe you can share a bit about what you do and what sets you apart from others?
Lab Launch creates and manages quality, affordable coworking and multi-tenant laboratories. Since our first facility opened in Monrovia in 2015, we have served over 35 small and startup companies, who have collectively raised over $25M in funding since joining our spaces. Initially, it was really hard going for us – we were planning a largely untested business model and targeting a market segment that wasn’t proven – startups looking for basic, affordable, but high-quality managed lab environments where they could start and grow their R&D operations. We got through the early years with the unwavering support of our team, our community of startups, and our landlords. As our business has grown, we have opened two new facilities in SoCal, and supported a number of clients in designing and operating their own spaces as we have expanded to offer “Lab as a Service” support to building owners, incubator operators, and other businesses that require safe and functional laboratories for their operations. We plan to open a number of additional facilities in LA over the next few years, and we are also looking to expand to other markets. In the end, we are a company founded by scientists, for scientists. We have taken a methodical approach to design and operations to deliver the most cost-effective, high quality laboratories that enable scientists and entrepreneurs to pursue their ideas.
Any places to eat or things to do that you can share with our readers? If they have a friend visiting town, what are some spots they could take them to?
It’s easy to forget that, although LA is one of the world’s greatest metropolis, we are fortunate to live in an area of amazing natural beauty. I love to take out of towners to hike – Eaton Canyon, Griffith Park, or even the San Gabriel mountains for the most adventurous. At the end of the day, there’s few things more spectacular than enjoying a game at Dodger Stadium as the sun sets and reflects orange off the mountains beyond the outfield. Even better when the Boys in Blue are winning!
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
We could not have achieved any of our successes over the past 6 years without the support of a broad community of people across LA who are working to promote bioscience innovation. From trade groups like Biocom and CLSA, to public entities such as Monrovia (our home city!) and the County of LA, to our own community of startups and scientists that work in our facilities. It truly is a village!
Initial picture was from previous VoyageLA interview – it’s the best one we have!