About LEO Innovation Lab
LEO Innovation Lab is a venture capital firm founded in 2015. It is primarily based out of Copenhagen, Denmark. As of Mar 2017, LEO Innovation Lab has invested in 14 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Seed round of AestheticLink Overall, LEO Innovation Lab portfolio has seen 2 acquisitions, namely Combinostics and Omhu. NHS Innovation Accelerator co-invest with LEO Innovation Lab, sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Grant (prize money) & 1 more
Portfolio Acquisitions
LEO Innovation Lab's List of Top Investments
LEO Innovation Lab has a portfolio of 14 companies. Their most notable investments are in TalkLife and SkinVision.Their portfolio spans across Denmark, United States, Canada and 3 more locations. They have invested in HealthTech, Life Sciences, Enterprise Applications and 5 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by LEO Innovation Lab:1. SkinVision
SkinVision provides a mobile app to individuals for melanoma preventive care. The user can take pictures of the skin moles, red spots, white spots or lesions via the smartphone at regular intervals. The app tracks the changes over time and uses algorithms to analyze the pictures and determine the potential non-natural growth or risk of cancer. The analytic report can be shared with the healthcare provider. The app also offers skin cancer and melanoma care information.
Key facts about SkinVision
- Founded Year: 2011
- Location: Amsterdam (Netherlands)
- Stage: Series A
- Total Funding till date: $11M
- Employee Count: 79 as on Jul 31, 2026
- Investors: Rubio impact Ventures, LEO Innovation Lab and 3 Others
- Latest Funding Round: Series A, Jul 30, 2018, $*****
- Highlight: Editors' Pick
2. TalkLife
Online peer support network for mental health. The platform allows users to connect with supportive people to share mental health issues. It provides support across many areas including, anxiety, self-harm, living with depression, loneliness, PTSD, bipolar, suicidal thoughts, and more.
Key facts about TalkLife
- Founded Year: 2012
- Location: Bristol (United Kingdom)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.65M
- Employee Count: 48 as on Jul 31, 2026
- Investors: Mainspring Fund Services, LEO Innovation Lab and 45 Others
- Latest Funding Round: Seed, Feb 08, 2024, $*****
- Highlight: Editors' Pick
3. NOIE
Key facts about NOIE
4. Siren
Sirencare provides smart socks for preventing diabetic foot ulcers. The sock is embedded with a sensor that tracks foot temperature and issues related to inflammation. It comes with a companion app, that sends notifications to the user & doctor on signs of inflammation. To ensure accuracy, the user receives a new shipment of socks to replace the current supply every six months.
Key facts about Siren
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $43M
- Employee Count: 28 as on Jul 31, 2026
- Investors: Mighty Capital, Flucas Ventures and 22 Others
- Latest Funding Round: Series B, Jan 08, 2025, $*****
- Highlight: Editors' Pick
5. Combinostics
AI-powered solutions for the detection and management of neurological disorders. The company's products include cNeuro cMRI and cNeuro cDSI applications are connected with multiple external data sources within the cloud-based cNeuro platform allowing for comprehensive patient management to detect and diagnose dementia, multiple sclerosis, traumatic brain injury, and epilepsy.
Key facts about Combinostics
- Founded Year: 2014
- Location: Finland
- Stage: Acquired
- Total Funding till date: $4.3M
- Employee Count: 11 as on Jul 31, 2026
- Investors: Industrifonden, NordicNinja and 4 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Highlight: Acquired
LEO Innovation Lab's Year-on-Year Investment Trends
LEO Innovation Lab has invested in 14 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in AestheticLink and most recent follow-on round was in Combinostics.LEO Innovation Lab's Investments by Stage
LEO Innovation Lab has made 4 investments in Seed stage, 1 investment in Grant (prize money) stage and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Grant (prize money) | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
LEO Innovation Lab's Investments by Sector
LEO Innovation Lab has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Vertical SaaS, Consumer and High Tech. Notably, it has invested in 13 Tech companies, 9 Consumer (B2C) companies, 6 Software companies and at least 4 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
HealthTech | 6 |
Enterprise Applications | 3 |
Vertical SaaS | 3 |
Consumer | 1 |
High Tech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
LEO Innovation Lab's Investments by Geography
LEO Innovation Lab has made most investments in United States (3), followed by Finland where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 3 |
Finland | 1 |
Netherlands | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
LEO Innovation Lab's recent investments
LEO Innovation Lab has not made any investment in 2026 so far.Here are the most recent investments by LEO Innovation Lab:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 13, 2017 | United States | Seed | 7589 | - | |
Mar 10, 2017 | United Kingdom | Seed | 2399 | - | |
Mar 09, 2017 | Finland | Seed | 5679 | - | |
Mar 09, 2017 | United States | Seed | 2548 | - | |
Mar 07, 2017 | Netherlands | Series A | 1350 |
Acquired companies in LEO Innovation Lab's Portfolio
2 companies from LEO Innovation Lab's portfolio have been acquired. The most recent acquisition was Combinostics in Nov 2024 by SyntheticMR for $*****.Here are LEO Innovation Lab's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 28, 2024 | May 13, 2016 | Seed | 7971 | |
Feb 02, 2022 | - | - | 6947 |
Co-investors of LEO Innovation Lab
Over the past 10 years, 21 investors have co-invested in LEO Innovation Lab's portfolio companies. This includes funds and angels.
- Invested before LEO Innovation Lab: LEO Pharma, The Foundation for Entrepreneurship and 2 others have invested in rounds before LEO Innovation Lab. There is 1 company where LEO Pharma has invested before LEO Innovation Lab and 1 company where The Foundation for Entrepreneurship has invested before LEO Innovation Lab.
- Top Co-investors of LEO Innovation Lab: NHS Innovation Accelerator entered a company along with LEO Innovation Lab.
- Invested after LEO Innovation Lab: A total of 16 investors have invested in LEO Innovation Lab's portfolio after their investments. Top Investors include Personal Health Solutions (1 company), Telus (1 company) and Manta Ray Ventures (1 company).
Recent News related to LEO Innovation Lab
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Medable Expands Leadership Team to Drive Growth and Adoption of Decentralized Clinical TrialsBusiness Wire•Sep 30, 2020•Medable, Novartis, Covance, LEO Innovation Lab and 4 others
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Pacifica Labs launches new physician-facing dashboard for its mental health app, secures early stage fundingMobiHealthNews•Feb 20, 2017•Sanvello, LEO Innovation Lab, HealthX Ventures, Personal Health Solutions and 1 other
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Løven køber sig til kunstig intelligens | Berlingske BusinessBusiness Daily•May 13, 2016•Combinostics, LEO Innovation Lab
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