Advalight

Ballerup, Denmark Founded: 2006 • Age: 20 yrs Minicorn
Solid-state lasers for dermatological applications are developed.

About Advalight

Advalight is a Healthcare company based in Ballerup (Denmark) founded in 2006 by Jesper Liltorp Mortensen and Morten Thorhauge. Solid-state lasers for dermatological applications are developed. Advalight has raised $30.07 million across 9 funding rounds from investors including Danmarks Eksport- og Investeringsfond and CAPNOVA. The company has 40 employees. Advalight was last valued at $41.51 million in May 2021. Its chief executive, as recorded, is Jacob L Philipsen. Advalight offers products and services including ADVATx. Its focus areas include Life Sciences, Dermatology, Medical Devices and Therapeutic Devices. Its legal entity is Advalight ApS.

Company details

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.

  • Headquarters Ballerup, Denmark
  • Employees 40
  • Founders Jesper Liltorp Mortensen, Morten Thorhauge
  • Stage Minicorn
  • Sectors
    Healthcare
  • Website advalight.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Advalight Aps
Operational Areas
Key Metrics

Products & Services of Advalight

Advalight offers a comprehensive portfolio of products and services, including ADVATx.

ADVATx
Dermal Workstation

Dual-wavelength laser for treating skin conditions like acne and rosacea.

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 $30.07M
  • Total Rounds 9
  • Last Round Series A β€” $3.57M
  • First Round $90,300

    (Sep 2006)

  • Investors Count 2

All 9 funding rounds of Advalight with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$3.57MSeries A$41.51M–
–
Mar 2020$5.44MSeries A$27.74M–
–
Mar 2018$7.13MSeries A$‒‒‒‒‒–
–
Jun 2017$76,708Series A––
–
Oct 2016$11.79MSeries A$‒‒‒‒‒–
–
Dec 2012$30,907Series A––
–
Oct 2008$1.08MSeries A$‒‒‒‒‒–
–
Feb 2007$850,086Seed$β€’β€’β€’β€’β€’Vaekstfonden
–
Sep 2006$90,300Seed–Capnova
–
Valuation history
DateValuationStage
May 2021$41.51Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2020$27.74Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2008$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2007$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Advalight

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $41.51M (May 2021). 2 investors in total: 2 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Provision of financing, loans, equity, and insurance for Danish export and investment activities.
vf.dk
CAPNOVA A/S is engaged in managing investment funds.
1998capnova.dkAarhus, Denmark
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Investor details for Advalight

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

People of Advalight

13 people are tracked at Advalight (8 in leadership, 5 in team); the tracked headcount is 40.

NameRoleGroup
Jesper Liltorp Mortensen
Co-FounderLeadership
Morten Thorhauge
Co-Founder & CTOLeadership
Jacob L Philipsen
CEOLeadership
Matteo Giuseppe Scopelliti
Director Of Clinical EngineeringLeadership
Janni Rosfeldt
CFOLeadership
André Søballe
COOLeadership
Jens Petersen
Director Of Clinical AffairsLeadership
Rani Milstead
Vice President Of SalesLeadership
Gildas Renault
Consultant - Sales Manager FranceTeam
Anders Bjerg
EVP International Sales, EMEA & APACTeam
Fatemeh M. Amiri
Lead Electronics EngineerTeam
Peter Tirsgaard
Manager Of Sustaining EngineeringTeam
Mahdiyeh Hosseini
SalespersonTeam
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Complete people profiles for Advalight

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Advalight

4 dated milestones of Advalight across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Advalight is founded.
  2. Funding First funding round of $90K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $3.6M.

Web traffic of Advalight

The website of Advalight (advalight.com) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▼ 53.9% vs previous month

Similar websites

Websites whose visitors overlap most with Advalight. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
esthetique-medicale95.com
esthetique-medicale95.com
100%
#9,383,754–
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Related news about 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 CEO of Advalight, as recorded in our data.

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 Seed of $90.3K, raised on Sep 2006.

Advalight has 40 employees.

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 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.

Advalight operates through Advalight Aps.

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