About SmartKem
SmartKem is a company based in Manchester (United Kingdom) founded in 2009. SmartKem has raised $55.03 million across 23 funding rounds from investors including BASF, Development Bank of Wales and UK Research and Innovation. The company has 29 employees as of December 31, 2024. SmartKem offers products and services including TRUFLEX Materials, EDA Tools, and Foundry Services.
- Headquarter Manchester, United Kingdom
- Employees 29 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyChemicals & Materials
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Smartkem, Inc.
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Annual Revenue
$82 K (USD)203.7as on Dec 31, 2024
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Net Profit
-$10.33 M (USD)-21.54as on Dec 31, 2024
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EBITDA
-$10.88 M (USD)-5.27as on Dec 31, 2024
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Total Equity Funding
$55.03 M (USD)
in 23 rounds
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Latest Funding Round
$7.65 M (USD), Post-IPO
Dec 20, 2024
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Investors
BASF
& 19 more
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Employee Count
29
as on Dec 31, 2024
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IPO & Listings of SmartKem
SmartKem is a publicly listed company on the NASDAQ with ticker symbol SMTK in USA, operating in the Electronic 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.
Products & Services of SmartKem
SmartKem offers a comprehensive portfolio of products and services, including TRUFLEX Materials, EDA Tools, and Foundry Services.
Advanced inks for organic thin-film transistors in electronics
Software for developing flexible electronic circuits
Prototyping and testing for electronic products
People of SmartKem
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Funding Insights of SmartKem
SmartKem has successfully raised a total of $55.03M across 23 strategic funding rounds. The most recent funding activity was a Post-IPO round of $7.65 million completed in December 2024. 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 SmartKem
SmartKem has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BASF, Development Bank of Wales and UK Research and Innovation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment and support for founders in technology and health sectors.
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Early-stage investments in US tech and life sciences are targeted.
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Tech & life science focused stage agnostic VC firm investing primarily in Western Europe
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Locked | Locked | Locked |
Investor details for SmartKem
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Investments & Acquisitions by SmartKem
Investment portfolio details for SmartKem
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Financial Statements - SmartKem
Detailed financials for SmartKem
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Smartkem Comparisons
Peer comparison for SmartKem
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Competitors of SmartKem
Detailed competitors of SmartKem
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Latest news on Smartkem
Complete news archive for SmartKem
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Frequently Asked Questions about SmartKem
SmartKem was founded in 2009.
SmartKem is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Ian Jenks is the current CEO of SmartKem.
SmartKem is a funded company, having raised a total of $55.03M across 23 funding rounds to date.
As of Dec 31, 2024, the latest employee count at SmartKem is 29.
Annual revenue of SmartKem is $82K as on Dec 31, 2024.
SmartKem was established in 2009 in Manchester, United Kingdom, within the organic semiconductors sector. Organic materials tailored for thin-film transistors are created to support flexible displays and electronics production. Transistor backplanes for smartwatch displays are among the targeted applications. Inks and coatings designed for integration into electronic devices are supplied as well. Operations center on advancing materials for display and electronics manufacturing.
SmartKem offers TRUFLEX Materials, EDA Tools, and Foundry Services.
Yes, SmartKem is publicly traded on NASDAQ under the ticker symbol SMTK.
SmartKem has 20 investors. Key investors include BASF, Development Bank of Wales, UK Research and Innovation, European Union, and Zaz Ventures.
The ticker symbol of SmartKem is SMTK on NASDAQ.
The valuation of SmartKem is $14.13M as of Jul 2014.