Elypta

Stockholm, Sweden Founded: 2017 • Age: 9 yrs
Liquid biopsy-based molecular diagnostics for cancer detection are provided.
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About Elypta

Elypta is a company based in Stockholm (Sweden) founded in 2017.. Elypta has raised $27.85 million across 5 funding rounds from investors including European Commission, European Union and Chalmers Ventures. Elypta offers products and services including MIRAM® Kit. Elypta operates in a competitive market with competitors including Guardant Health, GRAIL, Natera, Foundation Medicine and ArcherDX, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elypta Ab
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
    $46.88 K (USD)
    46
    as on Dec 31, 2018
  • Net Profit
    $-648.44 K (USD)
    -320
    as on Dec 31, 2018
  • EBITDA
  • Total Equity Funding
    $27.85 M (USD)

    in 5 rounds

  • Latest Funding Round
    $21 M (USD), Series A

    Jun 20, 2022

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

Elypta offers a comprehensive portfolio of products and services, including MIRAM® Kit. 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

Urine test for detecting cancer through GAGome biomarkers and machine learning analysis

People of Elypta
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Marianna Mirabelli
Director of Clinical Development
People
Nils Nordeman
Senior Software Engineer
People
Karl Bergman
CEO
People
Johan Vikström
Chief Financial Officer

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Funding Insights of Elypta

Elypta has successfully raised a total of $27.85M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $21 million completed in June 2022. 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 5
  • Last Round Series A — $21.0M
  • First Round

    (04 Feb 2019)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series A - Elypta Valuation Bonnier Capital
May, 2022 Amount Grant - Elypta Valuation

investors

Dec, 2019 Amount Seed - Elypta Valuation Industrifonden , Sciety
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

Investors in Elypta

Elypta has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include European Commission, European Union and Chalmers 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Navigare Ventures is focused on early-stage science-driven investments.
Founded Year Domain Location
Investments in deep-tech, life sciences, and transformative tech are managed.
Founded Year Domain Location
Impact investments are made in startups addressing global challenges.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elypta

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 - Elypta

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

Elypta Comparisons

Employees
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Competitors of Elypta

Elypta 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 Guardant Health, GRAIL, Natera, Foundation Medicine and ArcherDX, 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
Digital sequencing technology for cancer detection is developed.
domain founded_year HQ Location
Circulating tumor DNA is screened for early cancer detection.
domain founded_year HQ Location
Developer of cell-free DNA testing for oncology, women’s health, and organ health
domain founded_year HQ Location
Genomics-based diagnostic tests for cancer are provided.
domain founded_year HQ Location
Molecular cancer diagnostic products are developed using patented AMP technology.
domain founded_year HQ Location
Health risks are identified through online genetic and diagnostic testing.
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.

Frequently Asked Questions about Elypta

When was Elypta founded?

Elypta was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Elypta located?

Elypta is headquartered in Stockholm, Sweden.

Is Elypta a funded company?

Elypta is a funded company, having raised a total of $27.85M across 5 funding rounds to date. The company's 1st funding round was a Seed of $6.85M, raised on Feb 04, 2019.

What is the annual revenue of Elypta?

Annual revenue of Elypta is $46.88K as on Dec 31, 2018.

What does Elypta do?

Elypta was founded in 2017 in Stockholm, Sweden, and operates in the biotechnology sector. A liquid biopsy platform is utilized for detecting and monitoring cancer, primarily renal cell carcinoma. Biomarkers are measured, and machine learning algorithms are applied to generate scores against cancer-specific signatures. The platform supports early detection, differential diagnosis, treatment response monitoring, and prediction, often replacing or supplementing medical imaging.

Who are the top competitors of Elypta?

Elypta's top competitors include Guardant Health, GRAIL and Foundation Medicine.

What products or services does Elypta offer?

Elypta offers MIRAM® Kit.

Who are Elypta's investors?

Elypta has 11 investors. Key investors include European Commission, European Union, Chalmers Ventures, Sciety, and Navigare Ventures.

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