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Cellfion - About the company

Cellfion is a seed company based in Norrkoping (Sweden), founded in 2020 by Liam Hardey. It operates as a Developer of cellulose based membranes for hydrogen and energy applications. Cellfion has raised $1.3M in funding from investors like LiU Invest, KTH Holding and Almi Invest. The company has 76 active competitors, including 16 funded and 4 that have exited. Its top competitors include companies like Ionomr Innovations, FCEV and Ecolectro.

Company Details

Developer of cellulose based membranes for hydrogen and energy applications. These materials utilize wood pulp to provide fluorine free alternatives for industrial ion separation and energy storage. The technology leverages functionalized nanocellulose to create membranes that are adaptable to specific technical requirements. By replacing synthetic components with bio polymers, the production process addresses regulatory demands regarding chemical usage. The membranes are engineered for scalability in industrial manufacturing environments. These solutions support clean energy transitions by offering high performance alternatives to conventional materials.
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Email ID
*****@cellfion.se
Key Metrics
Founded Year
2020
Location
Norrkoping, Sweden
Stage
Seed
Total Funding
$1.3M in 2 rounds
Investors
Ranked
Employee Count
21 as on Jul 31, 2026
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Cellfion's funding and investors

Cellfion has raised a total funding of $1.3M over 2 rounds. Its first funding round was on Aug 31, 2022. Its latest funding round was a Grant (prize money) round on Mar 04, 2024 for $*****. 1 investor participated in its latest round. Cellfion has 6 institutional investors.

Here is the list of recent funding rounds of Cellfion:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 04, 2024
1759755
Grant (prize money)
1123451
4012854
6341829
6768636
Aug 31, 2022
2311010
Seed
7319537
9263887
5429167
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Cellfion's founders and board of directors

Founder? Claim Profile
The founders of Cellfion is Liam Hardey. Liam Hardey is the CEO of Cellfion.
Here are the details of Cellfion's key team members:

Cellfion's employee count trend

Cellfion has 21 employees as of Jul 26. Here is Cellfion's employee count trend over the years:
Employee count trend for Cellfion
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Cellfion's Competitors and alternates

Top competitors of Cellfion include Ionomr Innovations, FCEV and Ecolectro. Here is the list of Top 10 competitors of Cellfion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ionomr Innovations
Ionomr Innovations
2017, Vancouver (Canada), Series A
Ion-exchange membranes
$38M
56/100
2nd
Logo for FCEV
FCEV
2016, Baoding (China), Series B
Provider of hydrogen power systems and related components and services
$220M
48/100
3rd
Logo for Ecolectro
Ecolectro
2015, Ithaca (United States), Series A
Low-cost fuel cell membrane developer
$28.4M
44/100
4th
Logo for Melodea
Melodea
2010, Rehovot (Israel), Series C
Production of nano crystalline cellulose from sludge of paper mills
$20M
42/100
5th
Logo for CelluForce
CelluForce
2010, Montreal (Canada), Series A
Provides Cellulose NanoCrystals (CNC) solutions
-
42/100
6th
Logo for Gelatex Technologies
Gelatex Technologies
2016, Tallinn (Estonia), Seed
Manufacturer of nanofibrous materials and provider of contract development services
$1.35M
42/100
7th
Manufacturer of bio-based nanocellulose foams for various industrial material applications
$3.51M
40/100
8th
Logo for Tang Feng Energy Technology
Tang Feng Energy Technology
2017, Shanghai (China), Series C
Provider of solutions for the low-platinum membrane-based electrodes
$15.5M
37/100
9th
Logo for FineCell
FineCell
2015, Stockholm (Sweden), Series A
Developer of nanocellulose for industrial solutions
$1.08M
36/100
10th
Logo for ionysis
ionysis
2021, Freiburg (Germany), Unfunded
Membrane electrode for fuel cells and electrolyzers
-
-
35/100
18th
Logo for Cellfion
Cellfion
2020, Norrkoping (Sweden), Seed
Developer of cellulose based membranes for hydrogen and energy applications
$1.3M
31/100
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Cellfion's Investments and acquisitions

Cellfion has made no investments or acquisitions yet.

Reports related to Cellfion

Here is the latest report on Cellfion's sector:

News related to Cellfion

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