Tech Company Financing Transactions
Cellugy Funding Round
Cellugy closed a $5.3 million financing round on 5/21/2024. Investors included ICIG Ventures, Unconventional Ventures and EIFO.
Transaction Overview
Company Name
Announced On
5/21/2024
Transaction Type
Venture Equity
Amount
$5,300,000
Round
Undisclosed
Investors
ICIG Ventures (Lead Investor)
Unconventional Ventures (Lead Investor)
Proceeds Purpose
The seed funding will be used to scale up production of its EcoFLEXY dry cellulose product to industrial volumes.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Maskinvej 5, Alfa Laval Innovation House
Søborg, 2860
Denmark
Søborg, 2860
Denmark
Phone
Undisclosed
Website
Email Address
Overview
Just like biotechnology, progress is the product of emergence, of smaller components colliding to build collective momentum and create something far more powerful than the sum of its parts. Our vision is about gathering the right evidence, the right people, and the right knowledge to turn theory into practice, ideas into products, and potential into opportunity. Together, we're uncovering circular, system-wide solutions that will truly change the world.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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