About Abzu
Abzu is a company based in Copenhagen (Denmark) founded in 2018 by Marco Somma.. Abzu has raised $2.16 million across 4 funding rounds from investors including EIC Fund, PreSeed Ventures and Nordic Ventures. Abzu offers products and services including QLattice® and RNA Drug Design Process. Abzu operates in a competitive market with competitors including Owkin, Formation Bio, AbSci, BigHat and Predictive Oncology, among others.
- Headquarter Copenhagen, Denmark
- Founders Marco Somma
- Stage Minicorn
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Sectors
TechnologyHealthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Abzu Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.16 M (USD)
in 4 rounds
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Latest Funding Round
$2.43 M (USD), Grant
Oct 15, 2022
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Investors
EIC Fund
& 4 more
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Employee Count
Employee Count
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Products & Services of Abzu
Abzu offers a comprehensive portfolio of products and services, including QLattice® and RNA Drug Design Process. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Explainable AI tool for predictive modeling in drug design.
AI-guided method for creating RNA therapeutics compounds.
Unlock access to complete
Funding Insights of Abzu
Abzu has successfully raised a total of $2.16M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.43 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $2.4M
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First Round
First Round
(25 Jan 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Grant - Abzu | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - Abzu | Valuation |
investors |
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| Jul, 2019 | Amount | Seed - Abzu | Valuation | PreSeed Ventures , Nordic Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abzu
Abzu has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include EIC Fund, PreSeed Ventures and Nordic Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Investments in early-stage tech startups are made by Inventure.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abzu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abzu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abzu Comparisons
Competitors of Abzu
Abzu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Owkin, Formation Bio, AbSci, BigHat and Predictive Oncology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An agentic AI platform is developed for biomedical research insights.
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| domain | founded_year | HQ Location |
AI-powered drug discovery platform for various diseases
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| domain | founded_year | HQ Location |
AI-based technology is used for recombinant protein production in therapeutics.
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| domain | founded_year | HQ Location |
Antibody therapies are developed through machine learning and synthetic biology.
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| domain | founded_year | HQ Location |
AI-based platform for cancer diagnostics and precision medicine is utilized.
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| domain | founded_year | HQ Location |
AI platform used for extracting antibody data from scientific papers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abzu
Frequently Asked Questions about Abzu
When was Abzu founded?
Abzu was founded in 2018.
Where is Abzu located?
Abzu is headquartered in Copenhagen, Denmark.
Who is the current CEO of Abzu?
Casper Wilstrup is the current CEO of Abzu.
Is Abzu a funded company?
Abzu is a funded company, having raised a total of $2.16M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.92M, raised on Jan 25, 2018.
What does Abzu do?
Abzu was founded in 2018 in Copenhagen, Denmark, and operates in the artificial intelligence sector. Machine learning solutions grounded in quantum mechanics and neural networks are developed by the company. Transparent and trustworthy AI systems are offered, with a focus on simulating self-organizing systems to address limitations in traditional approaches. Core activities include advancing AI through these foundational principles, led by co-founders Marco Somma and CEO Casper Wilstrup.
Who are the top competitors of Abzu?
Abzu's top competitors include Owkin, Formation Bio and XtalPi.
What products or services does Abzu offer?
Abzu offers QLattice® and RNA Drug Design Process.
Who are Abzu's investors?
Abzu has 5 investors. Key investors include EIC Fund, PreSeed Ventures, Nordic Ventures, Inventure VC, and PSV Deeptech.
What is Abzu's valuation?
The valuation of Abzu is $1.68M as of Sep 2020.