SmartCella Valuation, Funding & Investors

SmartCella is valued at $575M as of July 2024.

Last SmartCella valuation

$575M

Undisclosed stage · Jul 2024

Last SmartCella funding round

$54M

Undisclosed stage · Jul 2024

Cumulative funding SmartCella raised

$92M

across 2 funding rounds

Key investors in SmartCella

SmartCella Overview

About SmartCella

SmartCella is a Milan-based biotechnology company advancing cell therapy delivery for cardiac regeneration. Its SmartCella device enables precise intracoronary injection of stem cells, drugs, and RNA therapeutics during procedures. Tested in preclinical models for heart failure and myocardial infarction, it partners with clinics in Italy and the EU. Founded in 2016, SmartCella focuses on interventional cardiology applications.


Founded

2014

HQ

SwedenStockholm

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$575M (Jul 2024)

SmartCella Valuation

SmartCella is currently valued at $575M, based on its undisclosed-stage round in July 2024.

The $54M round included SEB Group, AstraZeneca, RoosGruppen, Handelsbanken Fonder, AMF and 1 other investor.

SmartCella valuation by funding round

SmartCella valuation by funding round
DateStageValuation
Jul 2024Undisclosed stage$575M

SmartCella Funding History

SmartCella has raised a total of $92M across 2 funding rounds.

SmartCella's first fundraising round was a $38M undisclosed-stage round in September 2021. The most recent completed round was a $54M undisclosed-stage round in July 2024.

SmartCella funding rounds

SmartCella funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2024Undisclosed stageSEB Group; AstraZeneca; RoosGruppen; Handelsbanken Fonder; AMF; Fjarde AP-fonden$54M$575MSmartCella is a global biotechnology company founded in 2014, specializing in targeted delivery platforms and advanced therapies, including the FDA-cleared Extroducer device for direct injection into hard-to-reach organs and tumors, combined with cell and mRNA therapies. The company operates in two segments: Targeted Delivery and Regenerative Medicines, with partnerships such as AstraZeneca for cardiac cell therapy advancing toward clinical stages. On July 8, 2024, SmartCella Holding AB announced a new share issue raising approximately EUR 50 million from existing investors like AMF, Fjarde AP-fonden, SEB, and new investors including AstraZeneca Pharma India, Handelsbanken Fonder, and RoosGruppen AB, at a pre-money valuation of approximately EUR 500 million. The funding supports accelerated growth, commercialization of the Extroducer, organizational expansion, infrastructure investments, and marketing efforts. Founders Christian Kinch and Thomas von Koch remain major shareholders via SWIB Holding AB. CEO Niklas Prager highlighted the unique positioning in cell and gene therapy, emphasizing the Extroducer's role in targeted delivery solutions for tumors and organs. The round reflects strong investor confidence in SmartCella's integrated business model blending science, sustainability, and impact. In 2024, SmartCella focused on commercialization progress, scientific advancements, and infrastructure strengthening, including GMP production of heart cells at its Tullinge facility, ERP system implementation, and enhanced governance. The 2024 Annual Report, published April 11, 2025, underscores scaling for growth while prioritizing patient needs and innovation from Karolinska Institutet research.
Sep 2021Undisclosed stageKenneth Chien; SEB Pension Fund; Thomas von Koch; AMF; AltoCumulus; Christian Kinch$38M-SmartCella Holding AB is a Swedish biotechnology and medtech company founded by Kenneth Chien (co-founder of Moderna) and Christian Kinch, with headquarters in Stockholm. The company operates three primary business units: Procella Therapeutics, which develops RNA-based therapies in collaboration with AstraZeneca; Smartwise; and SvedMed Solutions. In September 2021, SmartCella raised SEK 328 million to advance core technologies and establish GMP manufacturing capabilities. The funding round included institutional and private investors such as AMF, SEB Pension Fund, AltoCumulus, and individual investors including Kenneth Chien and Thomas von Koch. According to the company's leadership, the financing was intended to support progression toward first-in-human studies and an anticipated IPO within 2-3 years. The company's therapeutic mission focuses on developing treatments for patients with limited existing options, leveraging proprietary methods for RNA-based therapies and delivery mechanisms developed from Swedish research.

Who has invested in SmartCella?

11 investors have backed SmartCella across its funding rounds, including AMF, AstraZeneca, SEB Group, Thomas von Koch, RoosGruppen and Handelsbanken Fonder.


SmartCella Investors

Investors in SmartCella by funding rounds participated
InvestorHQRoundsRoleFirst check
AMFSwedenStockholm2ParticipantSep 2021
SEB GroupSwedenStockholm1ParticipantJul 2024
Kenneth ChienUnited StatesUnited States1ParticipantSep 2021
AstraZenecaUnited KingdomCambridge1ParticipantJul 2024
RoosGruppenSwedenStockholm1ParticipantJul 2024
Handelsbanken FonderSwedenStockholm1ParticipantJul 2024
SEB Pension FundDenmarkCopenhagen1ParticipantSep 2021
Thomas von KochSwedenSweden1ParticipantSep 2021
AltoCumulusSwedenStockholm1ParticipantSep 2021

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SmartCella Competitors

SmartCella competitors include listed companies like Ocumension and Kamada, and private ones like Ring Therapeutics, Strand Therapeutics, Shoreline Biosciences and Expedition Therapeutics.

Public and private companies comparable to SmartCella
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Ring TherapeuticsUnited StatesUnited StatesPrivate--$591M-
Strand TherapeuticsUnited StatesUnited StatesPrivate--$550M-
OcumensionChinaChinaPublicly listed$120M($3M)$548M-
Shoreline BiosciencesUnited StatesUnited StatesPrivate--$528M-
Expedition TherapeuticsUnited StatesSan Francisco, CAPrivate--$650M-
KamadaIsraelIsraelPublicly listed$180M$37M$501M2.3x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Prime Medicine$5M($198M)123.0x74.5x(2.9x)(3.2x)
OrthoPediatrics$236M($12M)2.6x2.4x(51.6x)28.2x
Aquestive Therapeutics$45M($71M)12.2x11.3x(7.7x)(15.2x)
Delcath Systems$85M$939K5.5x4.7x501.0x28.4x
Shattuck Labs$1M($48M)380.5x1056.9x(8.0x)(6.3x)
Clarity Pharmaceuticals$6M($75M)74.8x67.8x(5.7x)(5.5x)
Agomab Therapeutics-($74M)-975.9x(4.2x)(3.8x)
Curiox Biosystems$4M($17M)156.6x-(33.9x)-

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Common questions about SmartCella

When was SmartCella founded?SmartCella was founded in 2014.
Where is SmartCella headquartered?SmartCella is headquartered in Stockholm, Sweden.
Is SmartCella publicly listed?No, SmartCella is a private, VC-backed company.
What is SmartCella's valuation?SmartCella was last valued at $575M in its undisclosed-stage round in July 2024.
How much funding has SmartCella raised?SmartCella has raised $92M across 2 funding rounds.
What was SmartCella's last funding round?SmartCella's last funding round was a $54M undisclosed-stage round in July 2024.
Who are SmartCella's investors?SmartCella's investors include AMF, SEB Group, Kenneth Chien, AstraZeneca, RoosGruppen, Handelsbanken Fonder, SEB Pension Fund, Thomas von Koch, AltoCumulus, Fjarde AP-fonden and 1 other.
Which companies are comparable to SmartCella?Companies comparable to SmartCella include Ring Therapeutics, Strand Therapeutics, Ocumension, Shoreline Biosciences, Expedition Therapeutics and Kamada.

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