Lifecare

Bergen, Norway Founded: 2006 • Age: 20 yrs
Invasive app-based smart sensors for glucose monitoring are provided.
Annual revenue $266,882 Latest available
Total funding - 4 rounds
Employees 33 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Lifecare

Lifecare is a company based in Bergen (Norway) founded in 2006. It operates as a HealthTech. The company has 33 employees as of December 31, 2024. Lifecare has completed 1 acquisition, including RemovAid. Lifecare offers products and services including Sencell, Veterinary Solutions, and RemovAid. Lifecare operates in a competitive market with competitors including GlySens, EyeSense, Metronom Health, GluSense and Applied Biosensors, among others.

  • Headquarter Bergen, Norway
  • Employees 33 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lifecare Asa
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $266.88 K (USD)
    -76.84
    as on Dec 31, 2024
  • Net Profit
    -$6.32 M (USD)
    -103.52
    as on Dec 31, 2024
  • EBITDA
    -$7.08 M (USD)
    -150.38
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    33

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Lifecare

Lifecare is a publicly listed company on the OSL with ticker symbol LIFE in Norway, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: LIFE · Sector: Health technology · Norway

Products & Services of Lifecare

Lifecare offers a comprehensive portfolio of products and services, including Sencell, Veterinary Solutions, and RemovAid.

Product name locked
Category locked
Primary

Miniaturized glucose sensor for continuous diabetes monitoring.

Product name locked
Category locked
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Glucose monitoring solutions developed for pets' health.

Product name locked
Category locked
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Innovative device aiding in medical sensor removal.

People of Lifecare

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Ahmad Fazli
Vice President Manufacturing
People
Joacim Holter
CEO
People
Lea Weingärtner
Research Assistant + QMS Manager
People
Jordan Gardiner
Senior Research Chemist

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Funding Insights of Lifecare

Investors in Lifecare

Lifecare has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Lifecare

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Lifecare

Lifecare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RemovAid.

Investments
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Investment portfolio details for Lifecare

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Medical devices for subdermal implant removal are developed.
Locked Locked 2012 Locked
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Complete acquisition details for Lifecare

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Financial Statements - Lifecare

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Detailed financials for Lifecare

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Lifecare Comparisons

Lifecare Primary company
Description
Invasive app-based smart sensors for glucose monitoring are ...
Location
Bergen, Norway
Founded Year
2006
Annual Revenue
$266.88 K (USD)
Net Profit
-$6.32 M (USD)
EBITDA
-$7.08 M (USD)
Employees
33
As of 2024
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Peer comparison for Lifecare

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Competitors of Lifecare

Lifecare 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 GlySens, EyeSense, Metronom Health, GluSense and Applied Biosensors, among others.

Company Name Domain Founded year HQ Location Description
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Implantable Continuous glucose monitoring device
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Continuous glucose monitoring systems for diabetes management are developed.
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Continuous glucose monitoring systems for diabetes management are developed.
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Develops implantable sensors for monitoring glucose levels in type 1 diabetes patients.
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Wireless telemetry systems are developed for continuous multi-analyte monitoring.
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Detailed competitors of Lifecare

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  • Domains and locations
  • Full company profiles
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Latest news on Lifecare

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Complete news archive for Lifecare

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  • Source and publication date
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Frequently Asked Questions about Lifecare

Lifecare was founded in 2006 and raised its 1st funding round 10 years after it was founded.

Lifecare is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.

As of Dec 31, 2024, the latest employee count at Lifecare is 33.

Annual revenue of Lifecare is $266.88K as on Dec 31, 2024.

Lifecare is engaged in the development of miniaturized and implantable nanobiosensors for continuous monitoring of glucose and other biomarkers. The company primarily targets the healthcare sector, with a strong emphasis on diabetes management, aiming to support over 500 million individuals worldwide. Solutions like Sencell, a rice-grain-sized glucose sensor, are designed to improve the quality of life for diabetes patients and pets by offering long-term monitoring capabilities. Research and development activities are conducted across multiple European locations, ensuring innovation in medical nanotechnology.

Lifecare's top competitors include Metronom Health, GlySens and EyeSense.

Lifecare offers Sencell, Veterinary Solutions, and RemovAid.

Yes, Lifecare is publicly traded on OSL under the ticker symbol LIFE.

Lifecare has made 1 acquisition, including RemovAid.

Lifecare has 2 investors. Key investors include European Union, and EIC Fund.

The ticker symbol of Lifecare is LIFE on OSL.

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