What IRIS Lab does

IRIS Lab (legally S&S Lab / 에스앤에스랩) operates a shared biotechnology laboratory and innovation-space business headquartered in Seoul, South Korea. Founded in 2022, the company runs two physical sites — Seongsu LAB and Guro LAB — providing early-stage biotech startups with access to shared laboratory infrastructure that includes 12 specialized rooms: external benches, eight individual labs, animal cell culture, microscopy, analysis, sterilization/cleaning, refrigerated equipment, cold rooms, reagent storage, and microbial culture. Complementary real estate offerings include shared offices, a 24-hour lounge, and meeting rooms (two 12-person and two 6-person), along with equipment rental operated by professional staff.

The company's revenue model is anchored in subscription-based rental of lab benches and offices, supplemented by usage-based meeting room fees, professional services (technical and management consulting, IP strategy, R&D strategy, and referrals to patent attorneys and accountants), and funding support services including one-on-one investor partnering events and direct investment by IRIS Lab itself. Its go-to-market is direct sales to BIO R&D startups in the Seoul metropolitan area, supported by website, Instagram, Facebook, YouTube, LinkedIn, and a Kakao Channel for tenant communications. Customers are exclusively early-stage biotech startups; no enterprise customers, named logos, or non-Korean clients are disclosed, and all operations remain domestic to Seoul.

Name

IRIS Lab

Legal name

S&S Lab (에스앤에스랩)

Website

https://irislab.kr

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

IRIS Lab operates shared biotech laboratory and co-working facilities in Seoul, South Korea, serving early-stage BIO R&D startups with lab space, specialized equipment, consulting, investor-matching, and networking services.

Ownership category

akta.pro rank

Product category

Biotech Incubator / Shared Laboratory Services

NAICS

Management Consulting Services (54161), All Other Professional, Scientific, and Technical Services (541990)

SIC

Laboratory Apparatus & Furniture (3821), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Lab Furniture, Facilities & Utilities (Benches, Casework, Gas/Water Systems) (HLAGAIAM)

Keywords

• Shared laboratory space
• Biotech incubator services
• Bio R&D infrastructure
• Co-working lab facilities
• Startup consulting services

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Laboratory Space Rental: Revenue generated from renting shared laboratory spaces, individual labs, and research facilities to biotech startups and companies.
2. Shared Office Rental: Revenue from renting shared office spaces to member companies.
3. Meeting Room Rental: Hourly/usage-based rental of meeting rooms (12-person and 6-person rooms) with credit policy for contract members.
4. Consulting Services: Technical and business consulting services including IP strategy consulting, R&D strategy consulting, and connections to patent attorneys and accountants.
5. Investment Support: Direct investment support and one-on-one partnering events with investment companies and investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

IRIS Lab operates shared laboratory and office facilities in Seoul (Seongsu and Guro) for biotech startups. It rents individual labs, shared labs with specialized BIO R&D rooms (cell culture, microscopy, analysis, sterilization, cold storage, etc.), shared offices, lounges, and meeting rooms on subscription or usage-based terms, and layers on technology/IP/R&D consulting, funding support (including direct investment), and networking with universities, investors, and government bodies.

Product overview

IRIS Lab (S&S Lab) is a shared laboratory infrastructure provider offering comprehensive BIO R&D facilities and business support services for biotech startups. The company operates two locations in Seoul (Seongsu and Guro) providing shared laboratory spaces, shared offices, and lounge/meeting facilities. Core physical products include the Shared Laboratory with 12 specialized rooms, Shared Office spaces, and Lounge & Meeting Rooms. The service ecosystem combines these physical facilities with consulting, funding support, and networking services to promote collaboration, innovation, and growth of startup companies. The company aims to provide top-tier BIO R&D infrastructure and support startups from initial stages through growth by offering knowledge sharing platforms, resource optimization, and strategic roadmapping.

Differentiator

Problem solved

Functional benefit

Products and services

• Shared Laboratory (공유실험실) Rental of shared BIO R&D laboratory space featuring 12 specialized rooms — individual labs (8 rooms), animal cell culture, microscopy, analysis, sterilization/cleaning, cold storage, cold rooms, reagent storage, microbial culture, and waste storage — available to biotech startups for research and development activities.
• Shared Office (공유오피스) Co-working office space for biotech startup tenants to work alongside other member companies in the same facility, fostering collaboration and proximity to the laboratory.
• Lounge & Meeting Room (라운지 및 회의실) Common-area rental including a lounge, two 12-person meeting rooms, two 6-person meeting rooms, a coffee bar, and rest spaces, available 24 hours a day and bookable on a credit-based usage system for tenant members.
• Consulting Services (기술/경영 자문) Expert advisory services for biotech tenants covering technology and management consulting, referrals to patent attorneys and accountants, intellectual property (IP) strategy consulting, R&D strategy development, and corporate event consulting.
• Funding Support (투자 연계) Investment-readiness services including one-on-one partnering events with investment companies and individual investors, plus direct investment support provided by S&S Lab into tenant startups.
• Networking Services (네트워킹) Community-building services including formation of networks between tenant companies, universities, investors, and government organizations, inter-tenant networking, and entrepreneur seminars focused on operational strategy.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• BioLabs: Global operator of shared co-working laboratory spaces targeted at life-science startups, with multiple sites in the US and Europe. Closest direct comparable to IRIS Lab's shared lab + office + event model for biotech tenants.
• LabCentral: Nonprofit shared-lab incubator in Cambridge, MA providing fully equipped lab and office space plus programming to early-stage biotech startups. Directly comparable in providing a turnkey shared lab infrastructure and community to biotech founders.
• MBC BioLabs: San Carlos, CA-based shared lab operator offering turnkey biotech lab space, equipment, and operational support to early-stage companies. Highly comparable business model to IRIS's Seongsu and Guro shared-lab facilities.
• BioSTL / BioGenerator: St. Louis-based biotech startup incubator that operates shared lab facilities and directly invests in member companies. Combines infrastructure + investment + network support, mirroring IRIS's bundled offering.

Broad incumbents

• JLABS (Johnson & Johnson Innovation): Global network of life-science incubators operated by Johnson & Johnson offering lab space, mentorship, and capital access to early-stage biotech and medtech companies. Overlaps with IRIS on shared lab infrastructure for biotech startups but operates as part of a much larger corporate platform.
• MaRS Discovery District: Toronto-based innovation hub providing lab and office space, advisory services, and investor connections to science and tech ventures including biotech. Comparable in bundling physical infrastructure with programming and capital access, though at much larger scale and broader sector focus than IRIS.

Regional players

• Seoul Bio Hub: Seoul municipal government-supported biotech startup hub providing subsidized lab and office space, mentoring, and investor programs to early-stage Korean bio ventures. Direct Korean comparitor to IRIS Lab's shared lab model, with subsidized pricing as the main structural difference.

Others

• Creative Destruction Lab: Global seed-stage accelerator for science-based startups that connects founders with investors and mentors, including biotech streams. Complementary rather than directly competing with IRIS — CDL does not provide lab infrastructure but operates in the same startup-formation ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC1qME_TIlKf6e4Vl37akOlg
• Facebookfacebook.com/IRISLabKR
• LinkedInlinkedin.com/company/irislabkr
• Instagraminstagram.com/irislabkr

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IRIS Lab