About Advalight
Advalight is a company based in Ballerup (Denmark) founded in 2006 by Jesper Liltorp Mortensen and Morten Thorhauge.. Advalight has raised $30.07 million across 9 funding rounds from investors including Danmarks Eksport- og Investeringsfond and CAPNOVA. The company has 40 employees as of February 29, 2024. Advalight offers products and services including ADVATx. Advalight operates in a competitive market with competitors including Lutronic, Reliant Technologies, Laserroptek, Ilooda and RA Medical systems, among others.
- Headquarter Ballerup, Denmark
- Employees 40 as on 29 Feb, 2024
- Founders Jesper Liltorp Mortensen, Morten Thorhauge
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Advalight 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
$30.07 M (USD)
in 9 rounds
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Latest Funding Round
$3.57 M (USD), Series A
May 28, 2021
- Investors
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Employee Count
40
as on Feb 29, 2024
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Products & Services of Advalight
Advalight offers a comprehensive portfolio of products and services, including ADVATx. 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.
Dual-wavelength laser for treating skin conditions like acne and rosacea.
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Funding Insights of Advalight
Advalight has successfully raised a total of $30.07M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $3.57 million completed in May 2021. 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 9
- Last Round Series A — $3.6M
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First Round
First Round
(29 Sep 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Series A - Advalight | Valuation |
investors |
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| Mar, 2020 | Amount | Series A - Advalight | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Advalight | Valuation |
investors |
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| 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 |
Investors in Advalight
Advalight has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Danmarks Eksport- og Investeringsfond and CAPNOVA. 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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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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CAPNOVA A/S is engaged in managing investment funds.
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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 Advalight
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Advalight
| 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 |
Advalight Comparisons
Competitors of Advalight
Advalight 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 Lutronic, Reliant Technologies, Laserroptek, Ilooda and RA Medical systems, 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 |
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| domain | founded_year | HQ Location |
Aesthetic and medical laser systems for skin treatments are developed.
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| domain | founded_year | HQ Location |
Laser technologies for aesthetic applications were developed.
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| domain | founded_year | HQ Location |
Laser-based devices are developed for aesthetic and dermal surgeries.
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| domain | founded_year | HQ Location |
Laser systems for aesthetic and medical applications are developed.
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| domain | founded_year | HQ Location |
Excimer lasers for skin and vascular disease treatments are developed.
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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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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 Advalight
Frequently Asked Questions about Advalight
When was Advalight founded?
Advalight was founded in 2006.
Where is Advalight located?
Advalight is headquartered in Ballerup, Denmark.
Who is the current CEO of Advalight?
Jacob L Philipsen is the current CEO of Advalight.
Is Advalight a funded company?
Advalight is a funded company, having raised a total of $30.07M across 9 funding rounds to date. The company's 1st funding round was a Series A of $7.13M, raised on Sep 29, 2006.
How many employees does Advalight have?
As of Feb 29, 2024, the latest employee count at Advalight is 40.
What does Advalight do?
Advalight was founded in 2006 and is based in Ballerup, Denmark. Yellow solid-state laser equipment is developed by the company for use in dermatology treatments. The technology is applied in the removal of vascular lesions, acne management, skin rejuvenation, and skin-enhancing procedures. Devices have received FDA and CE clearance for 15 conditions, such as inflammatory Acne Vulgaris and Port-wine stains, within the medical device sector.
Who are the top competitors of Advalight?
Advalight's top competitors include Accure Acne, Reliant Technologies and Laserroptek.
What products or services does Advalight offer?
Advalight offers ADVATx.
Who are Advalight's investors?
Advalight has 2 investors. Key investors include Danmarks Eksport- og Investeringsfond, and CAPNOVA.
What is Advalight's valuation?
The valuation of Advalight is $41.51M as of May 2021.