Ascilion

Stockholm, Sweden Founded: 2012 • Age: 14 yrs
Microneedles for interstitial fluid extraction and drug delivery are developed.
Annual revenue - Latest available
Total funding $2.2M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Ascilion

Ascilion is a company based in Stockholm (Sweden) founded in 2012 by Markus Renlund and Pelle Rangsten. It operates as a HealthTech. Ascilion has raised $2.23 million across 3 funding rounds from investors including European Union and Nordstjernan. Ascilion offers products and services including PElsa. Ascilion operates in a competitive market with competitors including Owen Mumford, Flat Medical, Stable Pharma, Retractable Technologies and KORU Medical Systems, among others.

  • Headquarter Stockholm, Sweden
  • Founders Markus Renlund, Pelle Rangsten
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Ascilion Ab
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.23 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.23 M (USD), Series A

    Sep 22, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Ascilion

Ascilion offers a comprehensive portfolio of products and services, including PElsa.

Product name locked
Category locked
Primary

Painless sampling of dermal interstitial fluid is enabled.

People of Ascilion

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Pelle Rangsten
Co-founder & CTO
People
Mikael Hillmering
R&d Engineer
People
David Melin
Senior Development Engineer
People
Jeremy Bost
Head Of Clinical Affairs

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Funding Insights of Ascilion

Ascilion has successfully raised a total of $2.23M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.23 million completed in September 2025. 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 Ascilion

Ascilion has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and Nordstjernan.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Nordstjernan is operated as a foundation-owned investment house in Sweden.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Ascilion

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Investments & Acquisitions by Ascilion

Investments
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Investment portfolio details for Ascilion

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Financial Statements - Ascilion

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Detailed financials for Ascilion

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Ascilion Comparisons

Ascilion Primary company
Description
Microneedles for interstitial fluid extraction and drug deli...
Location
Stockholm, Sweden
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ascilion

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Competitors of Ascilion

Ascilion 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 Owen Mumford, Flat Medical, Stable Pharma, Retractable Technologies and KORU Medical Systems, among others.

Company Name Domain Founded year HQ Location Description
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Disposables for drug delivery and capillary blood sampling are manufactured.
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Epidural injection syringes with pressure detection are manufactured.
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Developer of technology to store and deliver stable drugs and vaccines
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Provides portfolio of smart syringes and needles to prevent from needle-stick injuries
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Infusion systems and accessories for subcutaneous drug administration are manufactured.
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Manufacturer of silicon microneedle for intradermal injections
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Detailed competitors of Ascilion

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Latest news on Ascilion

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Complete news archive for Ascilion

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Frequently Asked Questions about Ascilion

Ascilion was founded in 2012 and raised its 1st funding round 9 years after it was founded.

Ascilion is headquartered in Stockholm, Sweden.

Henrik Schwerdt is the current CEO of Ascilion.

Ascilion is a funded company, having raised a total of $2.23M across 3 funding rounds to date.

Ascilion is engaged in the design, development, and manufacturing of products utilizing hollow microneedles for sampling dermal interstitial fluid (dISF). This technology is applied in sectors such as metabolic health monitoring, stress assessment, reproductive hormone tracking, and drug therapy management. Solutions are developed to enable painless and user-friendly access to biomarkers in dISF, supporting next-generation diagnostics and wearable health monitoring devices. Research and clinical trials are conducted to characterize both the system and the fluid itself. Collaborations with industrial partners and researchers worldwide are maintained to advance health science applications.

Ascilion's top competitors include KORU Medical Systems, Stable Pharma and Flat Medical.

Ascilion offers PElsa.

Ascilion has 2 investors. Key investors include European Union, and Nordstjernan.

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