About Cytely
Cytely is a company based in Lund (Sweden) founded in 2022 by Johannes Ahnlide and Philip Nordenfelt.. Cytely has raised $3.48 million across 2 funding rounds from investors including SmiLe Incubator, Icebreaker.vc and Ugly Duckling Ventures. Cytely offers products and services including Cytely Platform and CYTELY CLI. Cytely operates in a competitive market with competitors including Hooke Bio, Alpenglow Biosciences, Noul, SpotLab and ACUITYnano, among others.
- Headquarter Lund, Sweden
- Founders Johannes Ahnlide, Philip Nordenfelt
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Cytely Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.48 M (USD)
in 2 rounds
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Latest Funding Round
$3.48 M (USD), Series A
Oct 24, 2025
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Investors
SmiLe Incubator
& 2 more
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Employee Count
Employee Count
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Products & Services of Cytely
Cytely offers a comprehensive portfolio of products and services, including Cytely Platform and CYTELY CLI. 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.
Automates data collection and analysis for scientific microscopy research.
Enables high-fidelity data processing in microscopy applications.
Funding Insights of Cytely
Cytely has successfully raised a total of $3.48M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.48 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2025 | Amount | Series A - Cytely | Valuation | Ugly Duckling Ventures | |
| Feb, 2024 | Amount | Seed - Cytely | 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 Cytely
Cytely has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SmiLe Incubator, Icebreaker.vc and Ugly Duckling Ventures. 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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Seed and early-stage tech investments are targeted in Finland.
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Startup accelerator and incubator
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cytely
| 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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cytely
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Cytely Comparisons
Competitors of Cytely
Cytely 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 Hooke Bio, Alpenglow Biosciences, Noul, SpotLab and ACUITYnano, 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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Solutions for 3D microtissue analysis are provided by Hooke Bio.
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3D visualization software for tissue image analysis is provided.
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| domain | founded_year | HQ Location |
An AI-based digital microscope platform is used for blood analysis.
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| domain | founded_year | HQ Location |
AI-powered solutions for biopharma research and diagnostics are provided.
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Provides portfolio of biotechnological research
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| domain | founded_year | HQ Location |
Develops AI-powered solutions for biological research and imaging.
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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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On-demand services are booked through an app-based platform.
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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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Frequently Asked Questions about Cytely
When was Cytely founded?
Cytely was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Cytely located?
Cytely is headquartered in Lund, Sweden.
Who is the current CEO of Cytely?
Philip Nordenfelt is the current CEO of Cytely. They have also founded this company.
Is Cytely a funded company?
Cytely is a funded company, having raised a total of $3.48M across 2 funding rounds to date.
What does Cytely do?
Cytely was founded in 2022 in Lund, Sweden, within the biomedical research sector. A hardware-agnostic platform is offered that integrates with motorized microscopes to enable qualitative analysis of individual cells alongside high-resolution imaging of sample populations. The entire microscopy workflow, from image acquisition to real-time analysis, is automated through AI and machine learning technologies. Operations focus on enhancing research efficiency in cellular studies.
Who are the top competitors of Cytely?
Cytely's top competitors include Alpenglow Biosciences, Hooke Bio and Noul.
What products or services does Cytely offer?
Cytely offers Cytely Platform and CYTELY CLI.
Who are Cytely's investors?
Cytely has 3 investors. Key investors include SmiLe Incubator, Icebreaker.vc, and Ugly Duckling Ventures.
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