Cellugy

Forestry & TimberSeedSoborg, Denmarkcellugy.com

Latest round

Seed

Last raised

May 2024

Total raised

$5.3M

Investors

6

About Cellugy

Founded in 2018 and based in Soborg, Denmark, Cellugy ApS operates as a manufacturer of biomaterials. Isabel Alvarez-Martos (CEO), Deby Fapyane (CSO), and Parun Sihombing (CFO/COO) are the co-founders of the company. The company’s primary product, EcoFLEXY, creates a tunable platform technology for growing sustainable biofabricated cellulose materials and ingredients. This platform enables the firm to tailor the applications of EcoFLEXY to meet the diverse needs of a wide array of industries and products. EcoFLEXY presents an eco-friendly alternative to conventional materials, paving the way for a sustainable future by leveraging the inherent power of natural processes. This material reduces environmental impact and exemplifies the potential of biofabrication to create renewable solutions. Cellugy’s applications encompass personal care products, textiles, packaging solutions, and paints and inks.

Who invested in Cellugy

6 investors across 1 round

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Funding rounds

  1. Seed

    May 21, 2024

    Amount

    $5.3M

    Investors

    Locked

Questions about Cellugy

Who invested in Cellugy?

Cellugy has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cellugy raised?

Cellugy has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Cellugy last raise money?

Cellugy's most recent round on record is a Seed, in May 2024.

What does Cellugy do?

Founded in 2018 and based in Soborg, Denmark, Cellugy ApS operates as a manufacturer of biomaterials.

Where is Cellugy headquartered?

Cellugy is headquartered in Soborg, Denmark.

Which VCs invest in companies like Cellugy?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back forestry & timber companies at Cellugy's stage. Their profiles are linked below.

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