Cellugy - About the company
Cellugy is a seed company based in Soborg (Denmark), founded in 2018 by , and . It operates as a Developer of environmental friendly biomaterials for plastic replacement. Cellugy has raised $10.1M in funding from investors like , International Chemical Investors and . The company has 320 active competitors, including 99 funded and 18 that have exited. Its top competitors include companies like Tidal Vision, Newlight Technologies and EF Polymer.
Company Details
- Website
- Social
- Email ID
- @cellugy.com
Legal entities associated with Cellugy
Cellugy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 39463725 Denmark, Active | Apr 04, 2018 | - | - | - |
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Cellugy's funding and investors
Cellugy has raised a total funding of $10.1M over 8 rounds. Its latest funding round was a Seed round on May 21, 2024 for $5.33M. 6 investors participated in its latest round, lead by International Chemical Investors and Unconventional Ventures.
Cellugy has 12 institutional investors including , International Chemical Investors and .
Here is the list of recent funding rounds of Cellugy:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
May 21, 2024 | $5.33M | Seed | 5191735 | 1204702 | |
Mar 31, 2023 | $54.4K | Grant (prize money) | 7710712 | 2985096 | |
Mar 13, 2023 | $1.86M | Seed | 3626187 | 4111520 | , The Footprint Firm, and |
View details of Cellugy's funding rounds and investors
Cellugy's founders and board of directors
The founders of Cellugy are , and . is the CEO of Cellugy.
Here are the details of Cellugy's key team members:
- : Co-Founder & CEO of Cellugy. They serve on the board of .Contact Info:
- : Co-Founder of Cellugy. They serve on the board of .Contact Info:
- : Co-Founder of Cellugy.
Cellugy's Board of Directors
Cellugy's board has 4 active members. and are part of team and and are independent board members.Here is the list of Cellugy's board of directors:
Name | Type | Representing | Status | Duration |
---|---|---|---|---|
pfvsjgv | Team | - | Past | 2y 3m |
dqojnut | Team | - | Past | 7y 6m |
Independent board member | - | Current | 4y 5m | |
tmcx{n{ | Independent board member | - | Current | 5y 2m |
View details of
Cellugy's employee count trend
Cellugy has 17 employees as of Nov 24. The total employee count is 55.0% more than what it was in Nov 23. Here is Cellugy's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Cellugy's Competitors and alternates
Top competitors of Cellugy include Tidal Vision, Newlight Technologies and EF Polymer. Here is the list of Top 10 competitors of Cellugy, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Tidal Vision 2014, Bellingham (United States), Series B | Provider of natural biopolymer materials | $320M | Sahsen Ventures, SOSVÌý&²¹³¾±è;Ìý | 61/100 |
2nd | ![]() Newlight Technologies 2003, Huntington Beach (United States), Series F | Provider of sustainable material using methane-based greenhouse gases | $220M | TPG, GRAYARCH PARTNERSÌý&²¹³¾±è;Ìý | 57/100 |
3rd | ![]() EF Polymer 2018, Udaipur (India), Series B | Manufacturer of organic super-absorbent hydrogel for sustainable agriculture | $11.1M | Village Capital, Beyond Next VenturesÌý&²¹³¾±è;Ìý | 56/100 |
4th | ![]() Zerocircle 2020, Pune (India), Seed | Developer of seaweed-based bio-alternatives for packaging and coatings. It offers sustainable alternatives to plastic-based products, utilizing seaweed as a regenerative resource. These alternatives include films, coatings, and paper, all fully biodegradable and offering comparable or superior performance characteristics. The company focuses on providing solutions for conscious brands seeking fossil-free options. Its products are designed to create perfectly circular solutions with zero waste. | $4.35M | Peak XV Partners, ACT GrantsÌý&²¹³¾±è;Ìý | 55/100 |
5th | Origin Materials 2008, Sacramento (United States), Public | Provider of solutions for the conversion of waste cardboard and sawdust into PET plastic | $61.6M | NorthStar Impact, Bioindustrial Innovation CanadaÌý&²¹³¾±è;Ìý | 54/100 |
6th | Notpla 2014, London (United Kingdom), Series A | Manufacturer of seaweed-based bioplastics | $47.3M | , Horizons VenturesÌý&²¹³¾±è;Ìý | 53/100 |
7th | Developer of multipurpose tracked UGV | - | , CACEIS | 53/100 | |
8th | Manufacturer of fiber-based specialty materials | - | Bain Capital Private Equity, TaaleriÌý&²¹³¾±è;Ìý | 53/100 | |
9th | 2018, Soborg (Denmark), Seed | Developer of environmental friendly biomaterials for plastic replacement | $10.1M | , EIC FundÌý&²¹³¾±è;Ìý | 52/100 |
10th | ![]() Danimer Scientific 2004, Bainbridge (United States), Acquired | Manufacturer of PHA biopolymers using renewable resources | $27.1M | , Advantage CapitalÌý&²¹³¾±è;Ìý | 52/100 |
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Cellugy's Investments and acquisitions
Cellugy has made no investments or acquisitions yet.
Reports related to Cellugy
Here is the latest report on Cellugy's sector:
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News related to Cellugy
Media has covered Cellugy for a total of 5 events in the last 1 year, 2 of them have been about partnerships.
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Cision•Feb 12, 2025•Cellugy
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Biofuels Digest•Jun 05, 2024•Cellugy, International Chemical Investors, Unconventional Ventures, Joyance Partners and 3 others
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European Biotechnology•May 21, 2024•Cellugy, International Chemical Investors, Unconventional Ventures, Joyance Partners and 4 others
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Biofuels Digest•Jan 04, 2021•Cellugy,
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