Ascelia

Malmo, Sweden Founded: 2000 • Age: 26 yrs
Developer of orphan drugs for treatment and diagnostics solutions
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About Ascelia

Ascelia is a company based in Malmo (Sweden) founded in 2000.. Ascelia has raised $6.92 million across 2 funding rounds. Ascelia offers products and services including Orviglance and Oncoral. Ascelia operates in a competitive market with competitors including Jazz Pharmaceuticals, C4 Therapeutics, Erasca, Revolution Medicines and MiRagen, among others.

  • Headquarter Malmo, Sweden
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ascelia Pharma Ab
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.92 M (USD)

    in 2 rounds

  • Latest Funding Round
    $23.38 M (USD), Post-IPO

    Mar 22, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Ascelia

Ascelia offers a comprehensive portfolio of products and services, including Orviglance and Oncoral. 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.

Primary

Imaging agent for detecting liver metastases in cancer

Treatment option for gastric cancer patients

People of Ascelia
Headcount 1-10
Employee Profiles 10
Employee Profiles
People
Nadilka Hettiarachchige
Global Director Medical Affairs
People
Christina Sundberg
Development Project Manager
People
Delphine Biro
Executive Assistant
People
Marie Källström
VP, Regulatory Affairs & QA

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Funding Insights of Ascelia

Ascelia has successfully raised a total of $6.92M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $23.38 million completed in March 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 Rounds 2
  • Last Round Post-IPO — $23.4M
  • First Round

    (16 May 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Post-IPO - Ascelia Valuation

investors

May, 2018 Amount Series A - Ascelia Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Ascelia

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ascelia

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ascelia Comparisons

Employees
+
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Competitors of Ascelia

Ascelia 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 Jazz Pharmaceuticals, C4 Therapeutics, Erasca, Revolution Medicines and MiRagen, 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
Novel biopharmaceutical medicines are developed for unmet medical needs.
domain founded_year HQ Location
Small-molecule drugs for cancer treatment are developed via Degronimid platform.
domain founded_year HQ Location
Small molecule therapeutics for cancer treatment are developed.
domain founded_year HQ Location
Cancer therapies are developed using selective pathway inhibitors.
domain founded_year HQ Location
MicroRNA-based therapeutics are developed for treating multiple diseases.
domain founded_year HQ Location
Therapeutics for cancer and rare diseases are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ascelia

Frequently Asked Questions about Ascelia

When was Ascelia founded?

Ascelia was founded in 2000 and raised its 1st funding round 18 years after it was founded.

Where is Ascelia located?

Ascelia is headquartered in Malmo, Sweden.

Is Ascelia a funded company?

Ascelia is a funded company, having raised a total of $6.92M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.92M, raised on May 16, 2018.

What does Ascelia do?

Ascelia was founded in 2000 in Malmo, Sweden, within the pharmaceutical sector. Drug candidates targeting diseases with unmet clinical needs are developed, focusing on orphan indications. Operations center on clinical-stage products, including Mangoral, a contrast agent prepared for phase 3 trials to identify liver metastases via MRI, and Oncoral, an oral chemotherapeutic in phase 2 for advanced gastric cancer.

Who are the top competitors of Ascelia?

Ascelia's top competitors include Jazz Pharmaceuticals, C4 Therapeutics and Erasca.

What products or services does Ascelia offer?

Ascelia offers Orviglance and Oncoral.

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