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Devyser

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Diagnostic kits for complex DNA testing within oncology, hereditary diseases and transplantation

Stockholm, SwedenFounded 2004Biotech & Life Sciences
Valuation $104M Market cap · 2026
Revenue $10–50M Latest reported FY
EBITDA $4.6M Latest reported FY
Total funding $10–50M Disclosed equity funding

About Devyser

Devyser Diagnostics AB, founded in 2004 in Stockholm, Sweden, develops, manufactures, and sells genetic testing kits to diagnostic laboratories. The company was established by three researchers, including Ulf Klangby, who aimed to simplify and accelerate complex DNA testing. Their goal was to reduce test result times from weeks to a much shorter period, addressing the lengthy and inefficient workflows in laboratories.

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Operating in the global genetic diagnostics market, Devyser serves clients in over 65 countries. The business model is centered on the sale of diagnostic kits and services, primarily through a direct sales organization in 17 countries, which accounts for approximately 77% of sales, and a network of distributors for the remaining 23%. In 2022, Devyser expanded its presence in the U.S. by establishing its own CLIA-certified laboratory in Atlanta, Georgia, to offer test services directly to American customers, manage reimbursement, and foster closer relationships with physicians and patients. The company also generates revenue through commercial partnerships, such as the one with Thermo Fisher Scientific for the distribution of its post-transplant monitoring products.

Devyser specializes in diagnostic solutions for oncology, hereditary diseases, and transplantation. The product portfolio includes Next-Generation Sequencing (NGS) and PCR-based kits designed for ease of use, often employing a single-tube assay to streamline laboratory processes. Key product areas are post-transplant monitoring for graft rejection, hereditary cancer screening (e.g., Devyser BRCA NGS), reproductive health for aneuploidy analysis, and testing for genetic conditions like cystic fibrosis and thalassemia. The company's primary focus is on NGS tests, which offer high throughput and cost-effectiveness. All NGS products are complemented by dedicated software for data analysis. A significant milestone was achieved in December 2021 when Devyser was listed on the Nasdaq First North Premier Growth Market in Stockholm, raising approximately SEK 343 million.

Source: Dealroom company data

At a glance

Founded
2004
Headquarters
Stockholm, Sweden
Listing
IPO 2021
Sector
Biotech & Life Sciences
Power Law
Colt$25–100M revenue

Investors

2 investors on the cap table

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

Series B and later2 investors entered at this stage

  • Swedbank Robur
  • AP4
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
🇸🇪 Sweden · Stockholm HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Devyser 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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