About ChemoTech
ChemoTech is a company based in Lund (Sweden) founded in 2015 by Mohan Frick.. ChemoTech offers products and services including IQwave™ and TSE Technology. ChemoTech operates in a competitive market with competitors including IGEA, Nativis, RanD and Papyrus Therapeutics, among others.
- Headquarter Lund, Sweden
- Founders Mohan Frick
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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 Chemotech Supply & Rnd Llp
- Date of Incorporation 27 Sep, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$595.65 K (USD)132.67as on Dec 31, 2024
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Net Profit
$-1.24 M (USD)34.96as on Dec 31, 2024
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EBITDA
$-1.14 M (USD)37.45as on Dec 31, 2024
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Latest Funding Round
$55.99 K (USD), Grant
Dec 31, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of ChemoTech
ChemoTech offers a comprehensive portfolio of products and services, including IQwave™ and TSE Technology. 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.
Device for electroporation-based cancer treatment with enhanced drug efficacy.
Platform promoting tumour-specific electroporation for safer chemotherapy.
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Funding Insights of ChemoTech
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $55,993
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First Round
First Round
(01 Jul 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Grant - ChemoTech | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - ChemoTech | 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 ChemoTech
ChemoTech has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 ChemoTech
| 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 - ChemoTech
| 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 |
Chemotech Comparisons
Competitors of ChemoTech
ChemoTech 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 IGEA, Nativis, RanD and Papyrus 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 |
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| domain | founded_year | HQ Location |
Orthopedic medical devices to promote reparative osteogenesis and joint protection
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Developer of a therapeutic device for the treatment of cancer
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| domain | founded_year | HQ Location |
Medical devices for surgical oncology are developed using extracorporeal technologies.
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| domain | founded_year | HQ Location |
Develops therapies for tumor suppression in various cancers through scientific research.
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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 Chemotech
Frequently Asked Questions about ChemoTech
When was ChemoTech founded?
ChemoTech was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is ChemoTech located?
ChemoTech is headquartered in Lund, Sweden.
Who is the current CEO of ChemoTech?
Mohan Frick is the current CEO of ChemoTech. They have also founded this company.
What is the annual revenue of ChemoTech?
Annual revenue of ChemoTech is $595.65K as on Dec 31, 2024.
What does ChemoTech do?
ChemoTech was founded in 2015 in Lund, Sweden, within the medical devices sector focused on oncology. Electroporation technology is utilized to create pores in tumor cells for enhanced chemotherapy delivery through the patented IQwave device. A software platform is also provided, integrated with the device to maintain a database for analyzing various tumor types and supporting treatment protocols.
Who are the top competitors of ChemoTech?
What products or services does ChemoTech offer?
ChemoTech offers IQwave™ and TSE Technology.
Who are ChemoTech's investors?
ChemoTech has 2 investors. Key investors include European Union, and EIC Fund.