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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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.
Dual-wavelength laser for treating skin conditions like acne and rosacea.
People of Advalight
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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.
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.
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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CAPNOVA A/S is engaged in managing investment funds.
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Investor details for Advalight
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Investments & Acquisitions by Advalight
Investment portfolio details for Advalight
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Financial Statements - Advalight
Detailed financials for Advalight
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Advalight Comparisons
Peer comparison for Advalight
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Aesthetic and medical laser systems for skin treatments are developed.
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Laser technologies for aesthetic applications were developed.
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Laser-based devices are developed for aesthetic and dermal surgeries.
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Laser systems for aesthetic and medical applications are developed.
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Excimer lasers for skin and vascular disease treatments are developed.
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Detailed competitors of Advalight
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Latest news on Advalight
Complete news archive for Advalight
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Frequently Asked Questions about Advalight
Advalight was founded in 2006.
Advalight is headquartered in Ballerup, Denmark.
Jacob L Philipsen is the current CEO of Advalight.
Advalight is a funded company, having raised a total of $30.07M across 9 funding rounds to date.
As of Feb 29, 2024, the latest employee count at Advalight is 40.
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.
Advalight's top competitors include Accure Acne, Reliant Technologies and Laserroptek.
Advalight offers ADVATx.
Advalight has 2 investors. Key investors include Danmarks Eksport- og Investeringsfond, and CAPNOVA.
The valuation of Advalight is $41.51M as of May 2021.