About GlycoSpot
GlycoSpot is a company based in Frederiksberg (Denmark) founded in 2014 by Mads Hartvig Clausen and Frank Hansen.. GlycoSpot has raised $3.58 million across 3 funding rounds. GlycoSpot offers products and services including MINI-LAB, The App, Enzyme Screening, and Test-Kits. GlycoSpot operates in a competitive market with competitors including GlyTech, Iceni Glycoscience, Echelon Biosciences, Avanti Polar Lipids and TFChem, among others.
- Headquarter Frederiksberg, Denmark
- Founders Mads Hartvig Clausen, Frank Hansen
- Stage Minicorn
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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 Glycospot Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.58 M (USD)
in 3 rounds
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Latest Funding Round
$344.2 K (USD), Seed
Jun 07, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of GlycoSpot
GlycoSpot offers a comprehensive portfolio of products and services, including MINI-LAB, The App, Enzyme Screening, and Test-Kits. 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.
Handheld kit for enzyme analysis without specialized training.
Simplifies enzyme screening and R&D processes for users.
Application-specific kits for accurate enzyme activity checks.
All-inclusive sets for hassle-free enzyme testing in various fields.
Funding Insights of GlycoSpot
GlycoSpot has successfully raised a total of $3.58M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $344.2 thousand 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 Funding
- Total Rounds 3
- Last Round Seed — $344,201
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First Round
First Round
(11 May 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - GlycoSpot | Valuation |
investors |
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| May, 2020 | Amount | Seed - GlycoSpot | Valuation |
investors |
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| May, 2018 | Amount | Seed - GlycoSpot | Valuation |
investors |
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| 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 |
Investments & Acquisitions by GlycoSpot
| 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 - GlycoSpot
| 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 |
Glycospot Comparisons
Competitors of GlycoSpot
GlycoSpot 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 GlyTech, Iceni Glycoscience, Echelon Biosciences, Avanti Polar Lipids and TFChem, 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 |
Human-type Asp-linked glycans are supplied for research applications.
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| domain | founded_year | HQ Location |
Glycoscience platform is provided for diagnostic and therapeutic applications.
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| domain | founded_year | HQ Location |
Reagents and assays for lipid biology research are manufactured.
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| domain | founded_year | HQ Location |
Phospholipids and lipids are manufactured for life science applications.
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| domain | founded_year | HQ Location |
Fluoride chemistry is utilized to design glycomimetic drug compounds.
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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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Frequently Asked Questions about GlycoSpot
When was GlycoSpot founded?
GlycoSpot was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is GlycoSpot located?
GlycoSpot is headquartered in Frederiksberg, Denmark.
Is GlycoSpot a funded company?
GlycoSpot is a funded company, having raised a total of $3.58M across 3 funding rounds to date. The company's 1st funding round was a Seed of $957.52K, raised on May 11, 2018.
What does GlycoSpot do?
GlycoSpot was founded in 2014 in Frederiksberg, Denmark, within the biotechnology sector. Solutions for high-throughput enzyme screening are developed, focusing on dyed chromogenic polymer hydrogel substrates such as CPH-amylopectin, CPH-galactomannan, and CPH-β-glucan. Operations include standard 96-well CPH kits, Multi-CPH kits with multiple substrates per plate, and ICB substrate kits, supporting enzymatic activity assessments in research settings.
Who are the top competitors of GlycoSpot?
GlycoSpot's top competitors include GlyTech, Echelon Biosciences and Iceni Glycoscience.
What products or services does GlycoSpot offer?
GlycoSpot offers MINI-LAB, The App, Enzyme Screening, and Test-Kits.
What is GlycoSpot's valuation?
The valuation of GlycoSpot is $6.92M as of Jun 2022.