Tag: Cellugy

Cellugy raises $5.3M seed funding

Cellugy raises $5.3M seed funding

June 4, 2024 |

In Denmark, Cellugy has raised €4.9M in seed funding to scale up production of its EcoFLEXY dry cellulose product to industrial volumes. The round was led by Germany’s ICIG Ventures and Denmark’s Unconventional Ventures, with new, U.S.-based investor Joyance Partners joining the round, along with existing investors PSV DeepTech, The Footprint Firm, and EIFO.   […]

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