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Arctic Therapeutics

Biotechnology / Pharmaceuticals Reykjavik, Iceland ~220 employees
Founded
--
Employees (Est.)
~220
11 leaders known
Total Funding
$57.8M
Funding Rounds
2
Last Funding
2025-01-22

About Arctic Therapeutics

Arctic Therapeutics is an Icelandic drug discovery and development company focused on transforming genetic discoveries into groundbreaking treatments. They aim to accelerate the journey from genetic discovery to therapies in neurology, autoimmune diseases, and inflammatory skin conditions using advanced bioinformatics and artificial intelligence to reduce risks, costs, and time in drug development.

Products & Services

AT-001:A treatment for dementia.

Specialties

Neurology Autoimmune Diseases Inflammatory Skin Conditions Genetics Genomics Bioinformatics Artificial Intelligence in Drug Development

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series A
T: -
FT: Series A
A: 29150000
MR: -
FA: €26.5M
FAN: 29150000
D: 2025-01-22
FD: 2025-01-22
8 investors
2 RT: Series A
T: -
FT: Series A
A: 28620000
MR: -
FA: €26.5M
FAN: 28620000
D: 2025-01-22
FD: 2025-01-22
8 investors
Series A Latest
2025-01-22
$29.1M
8 investors (Pro only)
Series A 2025-01-22
$28.6M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

H

Hakon Hakonarson

Founder

LinkedIn (Pro only)
I

Ivar Hakonarson

Co-founder & Chief Executive Officer

LinkedIn (Pro only)
D

Dr. Charlly Kao

Co-founder & Chief Scientific Advisor

LinkedIn (Pro only)
L

Lisa DeMarco

Chief Business Officer & General Counsel

A

Asbjorn Kristbjornsson

Chief Information Officer

G

Gulli Arnason

Chief Strategy Officer

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Recent News

Arctic Therapeutics Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Biotechnology / Pharmaceuticals
Company Size
~220 employees (est.)
Locations
Reykjavik, Iceland

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