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Ncardia

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Drug discovery and development stem cell technology

Leiden, NetherlandsFounded 2017Biotech & Life Sciences
Valuation $250–500M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Ncardia

Ncardia is a biotechnology startup that specializes in the development and application of induced pluripotent stem cells (iPSCs). These are adult cells that have been genetically reprogrammed to an embryonic stem cell-like state, enabling them to grow into any type of cell in the body. Ncardia uses this technology to help pharmaceutical companies and research organizations develop new drugs and therapies, particularly for cardiovascular and neurological diseases.

The company operates in the growing market of drug discovery, serving large biopharmaceutical companies, emerging drug discovery firms, and multinational research consortia. Ncardia's business model revolves around providing highly efficient, integrated drug discovery services that help its clients optimize their de-risking strategies. This includes creating physiologically relevant and fully functional cell models, customized to the client's specifications, and manufactured to-scale.

Ncardia makes money by charging for these services, enabling its clients to reach crucial decision points faster and with higher confidence. By helping them exclude non-valuable compounds and select the most promising candidates earlier, Ncardia saves its clients time and money, while increasing the likelihood of successful drug development.

In summary, Ncardia is a biotech startup that uses iPSC technology to help its clients develop new drugs and therapies more efficiently and effectively. Its integrated drug discovery platform and expertise in human biology make it a valuable partner for companies and organizations in the pharmaceutical and research sectors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Leiden, Netherlands
Employees
45
Open positions
None listed
Dealroom signal
63.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Developer Tools, Biotechnology, Drug Development, Cardiology and cardiovascular, Stem Cells, Biotech and Pharma, Hard Tech, Horizon Europe, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Nov 2021 $60M $240M KINICITI ↗
SERIES BOther financing Nov 2017 $12M $46M InnovationQuarter Capital · Vesalius Biocapital Partners · SFPIM · Wallonie Entreprendre ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

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

YearEBITDAMargin
2026 —
2025 —
2024 —
2023 —
2022 —
2021 —
2020 —
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Growth signals

Ncardia website traffic

Latest recorded traffic for Ncardia is 5.3K monthly website visits, down 3.6% over the last three months. Ncardia's team declined 4.3% over the past year.

Latest monthly visits5.3K 3-month web change-3.6% 1-year team growth-4.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

8 investors on the cap table

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

Series A7 investors entered at this stage

  • Sambrinvest
  • SFPIM
  • Vesalius Biocapital Partners
  • Epimede
  • InnovationQuarter Capital
  • Wallonie Entreprendre
  • WE Venture

Series B and later1 investor entered at this stage

  • KINICITI
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
5 countries with
team presence
🇳🇱 Netherlands61%
🇺🇸 United States14.6%
🇧🇪 Belgium14.6%
🇩🇪 Germany7.3%
🇦🇹 Austria2.4%
5 countries shown

Market sentiment

Posts on X, past 7 days

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