companies

Elypta

Founded 2017
Employees 15+
Primary contact
Nanna Svartz väg 4
171 65 Solna
Sweden
+46 (0)8 520 27 885
Links
https://www.elypta.com/
Diseases & Conditions
Sections
Technologies
Elypta is a molecular diagnostics company focused on reducing cancer mortality through early detection. Elypta is pioneering a metabolism-based liquid biopsy and measures the GAGome, which are system biomarkers of tumor metabolism. Machine learning algorithms are then used to detect signatures of cancer non-invasively. Elypta is advancing a broad clinical program across different cancers, with the first indication expected to be early detection of recurrence in renal cell carcinoma.
Select partners: MilliporeSigma.
Founded 2017
Employees 15+
Primary contact
Nanna Svartz väg 4
171 65 Solna
Sweden
+46 (0)8 520 27 885
Links
https://www.elypta.com/
Diseases & Conditions
Sections
Technologies

Funding 💰

Total $32.6M
Last round 🔗 $21M
Series A
June 20, 2022.
Select investors Bonnier Ventures, Navigare Ventures, Industrifonden, Norrsken VC, Nina Capital, Chalmers Ventures, Hillclimber, Sciety

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • Huge market: The cancer diagnostics market is expected to grow to $28.21 billion by 2029, according to Data Bridge Market Research. 🔗
  • Big impact: Elypta's technology helps spot cancer early, thus increasing the chances of survival. Related, diagnosing cancer before it has the chance to spread too far means that treatment is more likely to be successful.
  • Patent-protected tech: Elypta was founded based on 4 patent families that were filed by the company's founders. Their solution, MIRAM, represents the first standardized and commercial kit to profile the human GAGome at a high throughput
  • Science-backed: Elypta's founders have published a number of scientific papers and articles on cancer research. The company is also sponsoring a series of clinical studies to evaluate its liquid biopsy across different cancer types.

Video ▶️

Awards & Recognitions 🏆

  • 2020 NyTeknik: Top 33 swe startup 🔗
  • 2020 Nature Research Awards: One to watch 🔗
  • 2019 Nordic Life Science Award: Winner 🔗
  • 2019 Genetic Engineering & Biotechnology News: Top 10 under 40 🔗
  • 2019 Serendipity Challenge: Nordic start-up of the year 🔗
  • 2018 MIT Technology Review: Innovators under 35 Europe - EU Pioneer of the year 🔗
  • 2018 Hello Tomorrow: Among the global top 500 DeepTech start-ups 🔗
Last update: August 29, 2022