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Atrogi

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Clinical-stage biotech company developing first-in-class, insulin-independent treatments for type 2 diabetes and related metabolic disorders

Stockholm, SwedenFounded 2013Biotech & Life Sciences
Valuation $100–250M Last recorded · 2024
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Atrogi and the history behind them.

About Atrogi

Atrogi is a Swedish research company focused on developing a groundbreaking oral treatment for type 2 diabetes (T2D). The company operates in the pharmaceutical and biotechnology market, targeting patients suffering from T2D. Atrogi's core product is a potential first-in-class drug that offers a novel mechanism for managing glucose homeostasis, which has shown promising results in preclinical animal models. The business model revolves around advancing this drug through clinical trials and eventually partnering with or licensing to major pharmaceutical companies, thereby generating revenue through milestone payments, royalties, and licensing fees. The company is currently preparing for First in Human studies, with significant interest from big pharma, indicating strong market potential. Atrogi's team boasts over 20 years of experience in diabetes research, ensuring a focused and efficient drug development process.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Stockholm, Sweden
Employees
23
Open positions
None listed
Dealroom signal
84.6/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Personal Health, Diabetes, Biotechnology, Biotech and Pharma, Nordic Rising Star 2022, Hard Tech, Horizon Europe, DT and LS, science-based
Business model
Manufacturing
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Mar 2024 $36M $143M Undisclosed ↗
EARLY VC✓Equity / VC Jun 2020 $11M $44M Korea Investment Partners —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Atrogi website traffic

Latest recorded traffic for Atrogi is 710 monthly website visits, down 29% over the last three months. Atrogi's team grew 21.1% over the past year.

Latest monthly visits710 3-month web change-29% 1-year team growth+21.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Korea Investment Partners

Other known investors1 additional known investor

  • Flerie Invest
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇸🇪 Sweden64.3%
🇺🇸 United States21.4%
🇳🇱 Netherlands7.1%
🇩🇰 Denmark7.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Atrogi on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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