When was Cellfion founded?

Cellfion was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Cellfion located?

Cellfion is headquartered in Norrkoping, Sweden.

Who is the current CEO of Cellfion?

Liam Hardey of Cellfion. They have also founded 1 company.

How many employees does Cellfion have?

As of Aug 31, 2026, the latest employee count at Cellfion is 21.

Is Cellfion a funded company?

Cellfion is a funded company, having raised a total of $1.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 31, 2022.

When was the latest funding round of Cellfion?

Cellfion's latest funding was a $***** Grant (prize money) round on Mar 04, 2024, with participation from 1 investor. Its primary sector is Advanced Materials. In Sweden, the Advanced Materials sector has seen $31.9M in funding in 2026 to date.

Where does Cellfion rank among its competitors?

Cellfion ranks 3rd amongst 88 active competitors, of which 16 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Foamlab, which secured $3.51M in Apr, 2026.

Who are the top competitors of Cellfion?

Cellfion's top competitors include Ionomr Innovations, Ecolectro and Melodea. Among them, Foamlab secured the most recent funding round in April, 2026.

Cellfion - 2026 Company Profile, Team, Funding & Competitors

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.

Website: cellfion.se
Social
Email ID: *****@cellfion.se

Key Metrics

Founded Year

2020

Location

Norrkoping, Sweden

Stage

Seed

Total Funding

$1.3M in 2 rounds

Latest Funding Round

Grant (prize money), Mar 04, 2024, $*****

Investors

LiU Invest & 5 more

Ranked

3^rd among 88 active competitors

Employee Count

21 as on Aug 31, 2026

Similar Companies

Ionomr Innovations & 35 more

View Cellfion's full profile

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	9705589	Grant (prize money)	7682543	8242594	8391780	2701194
Aug 31, 2022	1949040	Seed	6874082	2594486	LiU Invest & 4 more	6135335

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View details of Cellfion's funding rounds and investors

The founders of Cellfion are Liam Hardey and Magnus Wikström. Liam Hardey is the CEO of Cellfion.

Here are the details of Cellfion's key team members:

Liam Hardey: Co-Founder & CEO of Cellfion.
Contact Info: 1 email address
Magnus Wikström: Co-founder & Chairman of Cellfion.

View details of Cellfion's Founder profiles and Board Members

Cellfion's employee count trend

Cellfion has 21 employees as of Aug 26. Here is Cellfion's employee count trend over the years:

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Top competitors of Cellfion include Ionomr Innovations, Ecolectro and Melodea. 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	Ionomr Innovations 2017, Vancouver (Canada), Series A	Ion-exchange membranes	$38M	Pallasite Ventures, Shell & 14 others	56/100
2nd	Ecolectro 2015, Ithaca (United States), Series A	Low-cost fuel cell membrane developer	$28.4M	Toyota Ventures, Starshot Capital & 21 others	44/100
3rd	Cellfion 2020, Norrkoping (Sweden), Seed	Developer of cellulose based membranes for hydrogen and energy applications	$1.3M	European Innovation Council, LiU Invest & 4 others	43/100
4th	Melodea 2010, Rehovot (Israel), Series C	Production of nano crystalline cellulose from sludge of paper mills	$20M	Double A Paper, Bazan & 4 others	42/100
5th	Gelatex Technologies 2016, Tallinn (Estonia), Seed	Manufacturer of nanofibrous materials and provider of contract development services	$1.35M	Climate Capital, Change Ventures & 7 others	42/100
6th	Foamlab Seed	Manufacturer of bio-based nanocellulose foams for various industrial material applications	$3.51M	Icos Capital, DOEN Ventures & 3 others	41/100
7th	FCEV 2016, Baoding (China), Series B	Provider of hydrogen power systems and related components and services	$220M	SDIC, China National Building Materials & 2 others	37/100
8th	Tang Feng Energy Technology 2017, Shanghai (China), Series C	Provider of solutions for the low-platinum membrane-based electrodes	$15.5M	Hillhouse, Lightspeed Venture Partners & 7 others	37/100
9th	ionysis 2021, Freiburg (Germany), Unfunded	Membrane electrode for fuel cells and electrolyzers	-	-	35/100
10th	FineCell 2015, Stockholm (Sweden), Series A	Developer of nanocellulose for industrial solutions	$1.08M	InnoEnergy, Mets Spring & 3 others	34/100