Produces EcoFLEXY, a fermentation-derived cellulose alternative to fossil-based microplastic ingredients in cosmetics.
| Date | Round | Amount |
|---|---|---|
| Jun 2025 | Grant Cellugy received an €8.1M grant from the EU LIFE program to scale production of EcoFLEXY, its biodegradable rheology modifier for cosmetics. | $9.4M |
| May 2024 | Seed Cellugy raised €4.9M in seed funding led by ICIG Ventures and Unconventional Ventures to scale production of its bio-based EcoFLEXY cellulose material. | $5.3M |
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