About Age Labs
Age Labs is a company based in Oslo (Norway) founded in 2017 by Karl Trygve Kalleberg and Espen Riskedal.. Age Labs has raised $875.81 thousand across 2 funding rounds from investors including Norwegian Research Council, Skyfall Ventures and Aleap. The company has 4 employees as of December 31, 2021. Age Labs offers products and services including Rheumatoid Arthritis Test, Biological Age Predictor, and COVID-19 Severity Test. Age Labs operates in a competitive market with competitors including GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others.
- Headquarter Oslo, Norway
- Employees 4 as on 31 Dec, 2021
- Founders Karl Trygve Kalleberg, Espen Riskedal
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Sectors
Healthcare
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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 Age Labs As
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Annual Revenue
$532.17 K (USD)136as on Dec 31, 2021
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Net Profit
$-96.49 K (USD)-210as on Dec 31, 2021
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EBITDA
$-161.31 K (USD)-409as on Dec 31, 2021
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Total Equity Funding
$875.81 K (USD)
in 2 rounds
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Latest Funding Round
$875.81 K (USD), Seed
Apr 14, 2020
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Investors
Norwegian Research Council
& 2 more
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Employee Count
4
as on Dec 31, 2021
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Products & Services of Age Labs
Age Labs offers a comprehensive portfolio of products and services, including Rheumatoid Arthritis Test, Biological Age Predictor, and COVID-19 Severity Test. 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.
Test for early diagnosis of rheumatoid arthritis using biomarkers.
Tool to predict biological age and associated disease risks.
Test predicting severity of COVID-19 infections through analytics.
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Funding Insights of Age Labs
Age Labs has successfully raised a total of $875.81K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $875.81 thousand completed in April 2020. 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 2
- Last Round Seed — $875,813
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First Round
First Round
(04 Feb 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Seed - Age Labs | Valuation | Skyfall Ventures , Aleap |
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| Feb, 2019 | Amount | Grant - Age Labs | Valuation |
investors |
| 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 Age Labs
Age Labs has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Norwegian Research Council, Skyfall Ventures and Aleap. 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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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Aleap is recognized as the Nordics' largest health startup incubator.
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Founded Year | Domain | Location | |
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Research policy advice is provided to the Norwegian government.
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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 Age Labs
| 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 - Age Labs
| 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 |
Age Labs Comparisons
Competitors of Age Labs
Age Labs 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 GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, 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 |
Developer of pharmaceuticals and vaccines for various therapeutic areas
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Antibody-siRNA complexes are developed for cancer treatment.
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Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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Yeast cells are genetically engineered to produce medicinal products.
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| domain | founded_year | HQ Location |
Developing novel drugs based on a proteome-wide ligand and target discovery platform
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| domain | founded_year | HQ Location |
CRISPR-engineered cell and gene therapies are developed for research applications.
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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 Age Labs
Frequently Asked Questions about Age Labs
When was Age Labs founded?
Age Labs was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Age Labs located?
Age Labs is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Age Labs?
Espen Riskedal is the current CEO of Age Labs. They have also founded this company.
Is Age Labs a funded company?
Age Labs is a funded company, having raised a total of $875.81K across 2 funding rounds to date. The company's 1st funding round was a Grant of $1.15M, raised on Feb 04, 2019.
How many employees does Age Labs have?
As of Dec 31, 2021, the latest employee count at Age Labs is 4.
What is the annual revenue of Age Labs?
Annual revenue of Age Labs is $532.17K as on Dec 31, 2021.
What does Age Labs do?
Age Labs was founded in 2017 in Oslo, Norway, and operates in the biotechnology sector. Molecular diagnostic solutions are developed by the company to detect age-related diseases. Changes in gene regulation due to aging are studied through the epigenetic clock. A biomarker for aging is being pursued to assess treatment efficacy for individuals. The focus remains on advancing diagnostic tools in this field.
Who are the top competitors of Age Labs?
Age Labs's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.
What products or services does Age Labs offer?
Age Labs offers Rheumatoid Arthritis Test, Biological Age Predictor, and COVID-19 Severity Test.
Who are Age Labs's investors?
Age Labs has 3 investors. Key investors include Norwegian Research Council, Skyfall Ventures, and Aleap.