Lipum

Umea, Sweden Founded: 2010 • Age: 16 yrs
Developer of antibody to treat juvenile idiopathic arthritis
Annual revenue - Latest available
Total funding $3.0M 7 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Lipum

Lipum is a company based in Umea (Sweden) founded in 2010 by Lennart Lundberg, Olle Hernell, and Susanne Lindquist. Lipum has raised $2.99 million across 7 funding rounds from investors including European Union, Almi and EIC Fund. Lipum offers products and services including SOL-116. Lipum operates in a competitive market with competitors including BeiGene, Moderna, Forge Biologics, Incyte and ALX Oncology, among others.

  • Headquarter Umea, Sweden
  • Founders Lennart Lundberg, Olle Hernell, Susanne Lindquist
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lipum Ab (Publ)
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$5.03 M (USD)
    -49.32
    as on Dec 31, 2024
  • EBITDA
    -$4.58 M (USD)
    -55.18
    as on Dec 31, 2024
  • Total Equity Funding
    $2.99 M (USD)

    in 7 rounds

  • Latest Funding Round
    $59.81 K (USD), Grant

    Nov 30, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of Lipum

Lipum offers a comprehensive portfolio of products and services, including SOL-116.

Product name locked
Category locked
Primary

Humanized antibody for treating rheumatoid arthritis and other inflammations.

People of Lipum

Headcount 1-10
Employee Profiles 4
Board Members and Advisors 5
Employee Profiles
People
Einar Pontén
CEO
People
Pernilla Abrahamsson
COO
People
Marina Norberg
CFO
People
Susanne Lindquist
Co-Founder & Head, Research

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Board Members and Advisors
people
Kristian Sandberg
Board Member
people
Olle Hernell
Board Member
people
Ulf Björklund
Chairman
people
Ingemar Kihlström
Board Member

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Funding Insights of Lipum

Lipum has successfully raised a total of $2.99M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $59.81 thousand completed in November 2020. 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.

Investors in Lipum

Lipum has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Almi and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Investments are provided by Almi in seed to growth-stage startups.
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Multiple sectors are invested in by corporate-backed Almi Invest.
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Investor details for Lipum

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

  • Investor domains
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Investments & Acquisitions by Lipum

Investments
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Investment portfolio details for Lipum

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Lipum

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Detailed financials for Lipum

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Lipum Comparisons

Lipum Primary company
Description
Developer of antibody to treat juvenile idiopathic arthritis
Location
Umea, Sweden
Founded Year
2010
Annual Revenue
Not available
Net Profit
-$5.03 M (USD)
EBITDA
-$4.58 M (USD)
Employees
Not available
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Peer comparison for Lipum

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Lipum

Lipum 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 BeiGene, Moderna, Forge Biologics, Incyte and ALX Oncology, among others.

Company Name Domain Founded year HQ Location Description
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Targeted and immune-oncology drugs for cancer treatment are developed.
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Gene therapies for rare diseases are developed to treat patients.
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Small molecules are developed for cancer and skin disease treatments.
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ALX Oncology is focused on advancing cancer treatment therapies.
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Therapeutic antibodies for cancer and other diseases are developed.
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Detailed competitors of Lipum

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  • Full company profiles
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  • Competitive positioning

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Latest news on Lipum

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Complete news archive for Lipum

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lipum

Lipum was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Lipum is headquartered in Umea, Sweden.

Einar Ponten is the current CEO of Lipum.

Lipum is a funded company, having raised a total of $2.99M across 7 funding rounds to date.

Lipum has developed an antibody-based drug to treat juvenile idiopathic arthritis (JIA). The company has developed a monoclonal antibody (SOL-116) to target and block the function of protein denoted bile salt-stimulated lipase (BSSL) to treat chronic inflammatory diseases such as juvenile idiopathic arthritis.

Lipum's top competitors include Moderna, BeiGene and Forge Biologics.

Lipum offers SOL-116.

Lipum has 4 investors. Key investors include European Union, Almi, EIC Fund, and Almi Invest.

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