LipUm

Sweden
Umeå, Västerbotten, Sweden, 907 36

Company profile

LipUm company profile

Lipum aims to eliminate or alleviate painful symptoms for millions of patients suffering from chronic inflammatory diseases. Lipum has a biological anti-inflammatory drug candidate developed against Rheumatoid Arthritis (RA) – an autoimmune disease characterized by chronic inflammation of the joints. It often causes disability and lowers the quality of life for millions. Lipum also addresses the treatment of Juvenile Idiopathic Arthritis (JIA) that is a rare disease affecting children. A novel biological drug for this disease may be considered for an orphan drug designation. Treatment of other chronic inflammatory conditions is also explored. Related diseases are such as Crohn’s disease, ulcerative colitis, ankylosing spondylitis, and psoriatic arthritis. Lipum's biological anti-inflammatory drug candidate provides a novel mechanism of action. Therefore, it is assumed to have less adverse effects than current treatments in use.

Business identity

Contact email
[email protected]
Phone number
+46 90 340 34 30
Operating status
Active
Company type
For Profit
Employee range
1-10 employees
Revenue range
$0-$1M
Founded
2010-01-01, Year

Headquarters

Postal code
907 36
Country code
SE
Continent
Europe

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
5
Total equity funding
$11.2M
Last funding
Grant / 2024-12-17
Last equity funding
Post IPO Equity / $7.4M
Investors
4
Lead investors
3
Founders
2
Articles
53
Exited on
2021-04-23

Founders and investors

Founders

Lennart LundbergOlle Hernell

Lead investors

EISMEAEurostarsFlerie Invest

Investors

Almi InvestEISMEAEurostarsFlerie Invest