Cellugy
Company

Last deal

$5.3M
Local Amount - EUR 4.9M

Amount

Seed

Stage

21.05.2024

Date

2

all rounds

$8.2M

Total amount

General

About Company
Cellugy is a biotech startup that replaces single-use plastics with 100% natural bio-cellulose.

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founded date

01.01.2018

Number of employees

Last funding type

Seed

IPO status

Private

Description

The Danish-based company develops biopolymers that are home compostable, made from sugar, resistant to water and temperature, yet biodegradable in soil, and safe for food contact. Their products are intended to be an alternative packaging material to replace plastic, using an optimum process and resources to be competitive in the packaging industry. Cellugy aims to develop biomaterials and contribute to a greener future on a global scale.
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