Elea & Lili
Latest round
- Seed
Last raised
- Mar 2026
Total raised
- $2.9M
Investors
- 3
About Elea & Lili
Founded in 2026, Elea & Lili Oy operates from Helsinki, Finland, and focuses on commercializing cellulose-based materials. Founded by a team dedicated to creating environmentally friendly alternatives, Elea & Lili aims to address the challenges associated with traditional superabsorbent polymers.Elea & Lili specializes in the commercialization of CSA™ (Cellulose Super Absorbent), an innovative cellulose-based material designed to replace fossil-based superabsorbent polymers (SAP) in hygiene and agricultural applications. CSA™ products are engineered to offer high-performance absorbency while being microplastic-free, addressing significant environmental concerns associated with traditional SAP. The company focuses on the development of scalable solutions for diverse end-user applications, such as disposable hygiene products, including diapers, and agricultural water-retention systems aimed at improving irrigation efficiency. The primary customer base consists of manufacturers and brands in the hygiene and agricultural sectors seeking sustainable alternatives to conventional materials.Elea & Lili generates revenue through strategic partnerships and B2B transactions with manufacturers and brands that utilize its CSA™ technology in their products. These transactions typically involve the supply of cellulose-based superabsorbent materials, which are integrated into production processes, enhancing product sustainability without compromising performance. Pricing structures are designed to accommodate various client needs, with arrangements potentially including volume-based pricing for larger orders or long-term contracts that ensure a steady supply of materials. The flagship CSA™ product serves as the cornerstone of these transactions, reinforcing the company's commitment to sustainability in hygiene and agricultural sectors. The company plans to launch new CSA™ products tailored for specific market needs in the coming year, expanding its reach into these targeted geographic regions.
Who invested in Elea & Lili
3 investors across 1 round
See all investors in Elea & Lili
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Mar 18, 2026
Amount
$2.9M
Investors
Questions about Elea & Lili
Who invested in Elea & Lili?
Elea & Lili has 3 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 Elea & Lili raised?
Elea & Lili has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Elea & Lili last raise money?
Elea & Lili's most recent round on record is a Seed, in Mar 2026.
What does Elea & Lili do?
Founded in 2026, Elea & Lili Oy operates from Helsinki, Finland, and focuses on commercializing cellulose-based materials.
Where is Elea & Lili headquartered?
Elea & Lili is headquartered in Helsinki, Finland.
Which VCs invest in companies like Elea & Lili?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back chemicals companies at Elea & Lili's stage. Their profiles are linked below.
VCs backing chemicals startups at Seed
Raising like Elea & Lili? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.