Palette Life Sciences AB

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Palette Life Sciences AB - overview

Established

2018

Location

Solna, -, Sweden

Primary Industry

Medical Devices & Equipment

About

Palette Life Sciences AB, located in Sweden, focuses on the development and commercialization of innovative medical solutions aimed at improving patient care and outcomes. Palette Life Sciences AB is dedicated to delivering advanced medical solutions. Founded in 2018 in Solna, Sweden, the company has engaged in four deals, with its most recent deal occurring on December 17, 2020. The latest funding round was a Trade Sale amounting to USD 650.


00 mn, with Teleflex Inc. as the investor. The total amount raised by the company is USD 650. 00 mn.


The CEO, Mathieu Petitjean, oversees the company’s strategic direction and operations. Palette Life Sciences AB specializes in innovative medical solutions that enhance patient care. The company offers a range of products aimed at improving clinical outcomes, including devices and treatment methods tailored to meet various medical needs. Their solutions are designed to address significant healthcare challenges, ensuring both effectiveness and safety in patient treatment.


For the year 2022, Palette Life Sciences AB reported a revenue of USD 35. 55 mn with an EBITDA of USD -28. 08 mn, reflecting the company's strategic investments in research and development to facilitate growth and innovation. Palette Life Sciences AB is focused on expanding its product line with upcoming medical innovations set for release in the near future.


The company aims to penetrate new markets in North America and Europe, establishing a stronger presence by 2025. The recent funding from the Trade Sale will support these initiatives, facilitating the development of new solutions and enhancing the company's market reach.


Current Investors

Genesis Care Pty Limited, Melker Schörling AB

Primary Industry

Medical Devices & Equipment

Sub Industries

Therapeutic Devices

Website

www.paletteab.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Palette Life Sciences AB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPalette Life Sciences AB-
Private DebtCompletedPalette Life Sciences AB-
InvestmentCompletedPalette Life Sciences AB-
Add-onCompletedPalette Life Sciences AB-

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