# Gelatex Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gelatex-technologies

- Industry: Biotechnology
- Headquarters: Tallinn, Estonia
- Website: www.gelatex.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Nov 25, 2021)
- Investors on record: 2

## About

Based in Tallinn, Estonia, and founded in 2016, Gelatex Technologies Ltd is a Techstars-backed materials technology company that invented the fastest technology for producing bio-based nanofibers on a large scale. Märt-Erik Martens is the co-founder and CEO of the company. In November 2021, Gelatex Technologies Ltd raised USD 1.2 million in Seed funding co-led by Change Ventures and Crosslight Partners.

The Gelatex platform technology is a novel solution-based nanofiber spinning method, can be applied to a range of industries to fuel the next generation of materials for a healthier, cleaner, and more sustainable future. The company's proprietary production technology enables the production of a nanofibrous 3D structure that is similar to the extracellular matrix. 

The firm offers advanced nanofibrous materials, including nanocomposites, nanofibers for controlled drug release, 3D nanofibrous materials. The development services of the organization include consultation, testing of new polymers, testing of polymer blends, fiber diameter optimization, and more.

Gelatex plans to use the November 2021 funding for affordable and scalable manufactured cell-cultured meat could soon turn into reality.

## Funding rounds

- Seed, Nov 25, 2021, $1.2M — Change Ventures, Crosslight Partners

## Investors

- Change Ventures (https://capitalatlas.ai/funds/change-ventures) — Seed
- Crosslight Partners (https://capitalatlas.ai/funds/crosslight-partners) — Seed