About Norlase
Norlase is a company based in Ballerup (Denmark) founded in 2014 by Oliver Hvidt.. Norlase has raised $11 million across 14 funding rounds from investors including European Investment Bank, European Union and West Hill Capital. The company has 31 employees as of December 31, 2022. Norlase offers products and services including LYNX, ECHO, LION, and LEAF. Norlase operates in a competitive market with competitors including GME Medical Engineering, Energist, Global Photon, SpectraVet and Medical laser, among others.
- Headquarter Ballerup, Denmark
- Employees 31 as on 31 Dec, 2022
- Founders Oliver Hvidt
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Norlase Aps
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Annual Revenue
$678.15 (USD)1387as on Dec 31, 2017
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Net Profit
$-4.63 M (USD)-35as on Dec 31, 2022
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EBITDA
$-4.99 M (USD)-35as on Dec 31, 2022
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Total Equity Funding
$11 M (USD)
in 14 rounds
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Latest Funding Round
$20.9 M (USD), Debt – Conventional
Mar 04, 2025
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Investors
European Investment Bank
& 3 more
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Employee Count
31
as on Dec 31, 2022
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Products & Services of Norlase
Norlase offers a comprehensive portfolio of products and services, including LYNX, ECHO, LION, and LEAF. 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.
Portable device for pattern scanning laser eye treatments.
Compact system combining laser engine with MEMS technology for portability.
Battery-powered device with wireless interface for flexible eye treatments.
Attachable system for slit lamps without external fibers or carts.
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Funding Insights of Norlase
Norlase has successfully raised a total of $11M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20.9 million completed in March 2025. 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 14
- Last Round Debt – Conventional — $20.9M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Debt – Conventional - Norlase | Valuation |
investors |
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| May, 2023 | Amount | Series B - Norlase | Valuation | West Hill Capital |
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| Apr, 2020 | Amount | Series A - Norlase | 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 |
Investors in Norlase
Norlase has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Investment Bank, European Union and West Hill Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Growth-stage venture capital investments are provided by West Hill Capital.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Norlase
| 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 - Norlase
| 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 |
Norlase Comparisons
Competitors of Norlase
Norlase 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 GME Medical Engineering, Energist, Global Photon, SpectraVet and Medical laser, 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 |
Dermatological laser and light systems are developed and marketed.
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| domain | founded_year | HQ Location |
Light and laser systems for aesthetic medical procedures are developed.
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| domain | founded_year | HQ Location |
Develops phototherapy devices designed for chemotherapy patients.
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| domain | founded_year | HQ Location |
Provides advanced low-level laser therapy systems for treating musculoskeletal injuries in animals.
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| domain | founded_year | HQ Location |
Provides laser-based devices specialized for dermal treatments.
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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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Latest news on Norlase
Frequently Asked Questions about Norlase
When was Norlase founded?
Norlase was founded in 2014.
Where is Norlase located?
Norlase is headquartered in Ballerup, Denmark.
Who is the current CEO of Norlase?
Oliver Hvidt is the current CEO of Norlase. They have also founded this company.
Is Norlase a funded company?
Norlase is a funded company, having raised a total of $11M across 14 funding rounds to date.
How many employees does Norlase have?
As of Dec 31, 2022, the latest employee count at Norlase is 31.
What is the annual revenue of Norlase?
Annual revenue of Norlase is $678.15 as on Dec 31, 2017.
What does Norlase do?
Norlase was founded in 2014 in Ballerup, Denmark, as a provider of low-level laser therapy systems within the ophthalmology sector. Green laser solutions have been developed for treating retina and glaucoma diseases. The product portfolio includes indirect ophthalmoscopes integrated with green laser sources, along with green laser photocoagulators. Operations focus on medical device innovation for eye care applications.
Who are the top competitors of Norlase?
Norlase's top competitors include GME Medical Engineering, Energist and Global Photon.
What products or services does Norlase offer?
Norlase offers LYNX, ECHO, LION, and LEAF.
Who are Norlase's investors?
Norlase has 4 investors. Key investors include European Investment Bank, European Union, West Hill Capital, and EIC Fund.