Lifecare

Bergen, Norway Founded: 2006 • Age: 20 yrs Listed
Invasive app-based smart sensors for glucose monitoring are provided.

About Lifecare

Lifecare is a company based in Bergen (Norway) founded in 2006. It operates as a HealthTech. The company has 33 employees. 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
  • Stage Public
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website lifecare.no
  • Social LinkedIn
  • Legal Name Lifecare Asa
Operational Areas
Key Metrics
  • Annual Revenue
    $11.11 K (USD)
    -95.48
    as on Dec 31, 2025
  • Net Profit
    -$11.86 M (USD)
    -66.55
    as on Dec 31, 2025
  • EBITDA
    -$12.74 M (USD)
    -59.85
    as on Dec 31, 2025
  • Investors
  • Employee Count
    33
  • Investments & Acquisitions

Products & Services of Lifecare

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

Sencell
Medical Device

Miniaturized glucose sensor for continuous diabetes monitoring.

Veterinary Solutions
Medical Device

Glucose monitoring solutions developed for pets' health.

RemovAid
Medical Device

Innovative device aiding in medical sensor removal.

Funding Insights of Lifecare

  • Total Rounds 4
  • First Round $52,585

    (Aug 2016)

  • Investors Count 2

All 4 funding rounds of Lifecare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021–Post-IPO––
–
Oct 2020$668,843Grant––
Dec 2016$52,678Grant––
Aug 2016$52,585Grant––
Valuation history

2 investors in total: 2 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Government agency and accelerator focusing on innovative startups and SMEs
–eicfund.euBrussels, Belgium
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Lifecare

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People of Lifecare

7 people are tracked at Lifecare (4 in leadership, 3 in team); the tracked headcount is 33.

NameRoleGroup
Rune Frisvold
Managing DirectorLeadership
Ahmad Fazli
Vice President ManufacturingLeadership
Joacim Holter
CEOLeadership
Prof. Dr. Dr. med. Andreas Pfützner
Chief Scientific OfficerLeadership
Lea Weingärtner
Research Assistant + QMS ManagerTeam
Jordan Gardiner
Senior Research ChemistTeam
Dr Jeanette Hütges
Research And Development ScientistTeam
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Complete people profiles for Lifecare

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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.

  • IPO date07 May 2021
  • Listed onFRA: LFC
  • Listed entityLifecare ASA
  • Exchange sectorHealth technology
  • ISINNO0013355859
  • Share price0.41 NOK (-0.12% on the day) · 2026-10-09
  • Market capitalisation174,937,369.00 NOK
  • EPS (diluted, trailing year)-1.81 NOK
  • Volume (last session)5,261,596

Financials of Lifecare

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025112,000 NOK-119.5M NOK-128.4M NOK
20242.5M NOK-71.8M NOK-80.4M NOK
202313.1M NOK-35.3M NOK-32.1M NOK
202222.1M NOK-17.2M NOK-14.6M NOK
2021324,410 NOK-15.9M NOK-16.6M NOK
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Detailed financial statements for Lifecare

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Investments & Acquisitions by Lifecare

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Medical devices for subdermal implant removal are developed.
removaid.comOslo, Norway2012Apr 2024β€’β€’β€’β€’
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Complete acquisition details for Lifecare

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Timeline of Lifecare

5 dated milestones of Lifecare across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lifecare is founded.
  2. Funding First funding round of $53K.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO,.
  5. Acquisition Acquires RemovAid.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
glysens.com1997San Diego, United States$47M29
Implantable Continuous glucose monitoring device
eyesense.com2006Stockstadt Am Main, Germany$8.23M15
Continuous glucose monitoring systems for diabetes management are developed.
metronomhealth.com2009Laguna Hills, United States$49.14M69
Continuous glucose monitoring systems for diabetes management are developed.
glusensemedical.com2007Lod, Israel$26.9M–
Develops implantable sensors for monitoring glucose levels in type 1 diabetes patients.
appliedbiosensors.com2013Salt Lake, United States$674,999–
Wireless telemetry systems are developed for continuous multi-analyte monitoring.
securecell.ch2009Zurich, Switzerland––
Bioprocessing solutions for monitoring and evaluation are developed.
invivomon.com2009Pittsburgh, United States––
Offers blood glucose monitoring devices for health management.
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Detailed competitors of Lifecare

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Web traffic of Lifecare

The website of Lifecare (lifecare.no) receives about 6K visits a month.

  • Monthly visits
    6K

    ▲ 14.8% vs previous month

Latest news on Lifecare

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Complete news archive for Lifecare

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Similar companies to Lifecare

10 companies that operate in the same segment as Lifecare (Diabetes), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of devices for continuous glucose monitoring and manual insulin delivery
2008San Diego, California, United StatesUSD 100.73 MUSD 1.02 B2,650
Wearable glucose monitoring patches are provided for real-time data tracking.
1999San Diego, California, United StatesUSD 52.5 MUSD 4.66 B10,300
Wearable insulin infusion systems are developed for diabetes patients.
2000Boston, Massachusetts, United StatesUSD 120.4 MUSD 2.71 B3,900
Small molecule drugs for various therapeutic areas are developed.
1995United StatesUSD 165 MUSD 49.8 M103
Implantable continuous glucose monitoring systems are provided for diabetes management.
1996Germantown, United StatesUSD 175.46 MUSD 22.47 M117
Developer of a closed-loop automated insulin delivery system
2014Milpitas, California, United StatesUSD 214.51 M–133
Provider of workforce healthcare solutions
2015New York, New York, United StatesUSD 107.87 M–166
Diabetes care and reversal programs are provided to patients.
2021Bengaluru, Karnataka, IndiaUSD 26.7 MUSD 5.07 M677
Provider of smart devices for diabetes management for patients and doctors
2014San Francisco, California, United StatesUSD 245.2 M––
Genetically engineered cell therapies are developed for multiple disorders.
2018Seattle, Washington, United StatesUSD 821 M–194
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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.

Lifecare has 33 employees.

Annual revenue of Lifecare is $11.11K as on Dec 31, 2025.

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.

Lifecare operates through Lifecare Asa.

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