COMPANY PROFILE

MedTrace

MedTrace Pharma innovates medical imaging to help doctors diagnose patients faster and more accurately, with lower costs, while boosting patient comfort

Kongens Lyngby, DenmarkFounded 2015Biotech & Life Sciences

Valuation $50–100M Last recorded · 2025

Revenue <$1M Latest reported FY

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About MedTrace

Developer of medical devices designed to offer novel safety features to revolutionize blood flow imaging in PET. The company's devices automate bedside production and infusion of radioactive water in the PET scanner suite and consist of a remotely operated unit producing the radioactive water to innovate PET diagnostic imaging by transforming blood flow quantification, enabling physicians to get a platform that assists them to focus on heart-study applications, brain and tumor vascularization, and diabetes studies.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2015
Headquarters: Kongens Lyngby, Denmark
Employees: 43
Open positions: None listed
Dealroom signal: 78.4/100
Industry: Health
Sub-industry: BioTechnology, Medical Devices
Sector: Biotech & Life Sciences, Biotechnology, Medical Imaging, EIC, Tech for Hospitals and Clinics, Clinical Decision Support, EIC Fund
Technology: Hardware, Deep Tech
Business model: Manufacturing, SaaS
Client focus: b2b
Links: Website LinkedIn X

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES FOther financing	May 2025	$11M	$44M	BankInvest · Verve Ventures · Swisscanto Invest · ATP	↗
SERIES COther financing	Sep 2023	$20M	$80M	Swisscanto Invest · MedTravest · Verve Ventures · ATP	↗

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Financials

Revenue, earnings and profit over time

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

Year	Revenue	Growth	Margin
2026
2025
2024
2023
2022
2021		—
2020	—	—	—

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Growth signals

MedTrace website traffic

Latest recorded traffic for MedTrace is 880 monthly website visits, down 26.7% over the last three months. MedTrace's team grew 2.4% over the past year.

Latest monthly visits880 3-month web change-26.7% 1-year team growth+2.4%

Monthly website visitsMar 2020–Jul 2026

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