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.
- Website
- cellfion.se
- Email ID
- *****@cellfion.se
Key Metrics
Founded Year
2020
Location
Norrkoping, Sweden
Stage
Seed
Total Funding
$1.3M in 2 rounds
Latest Funding Round
Investors
Ranked
18th among 76 active competitors
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 |
View details of Cellfion's funding rounds and investors
Cellfion's founders and board of directors
Founder? Claim ProfileThe founders of Cellfion is Liam Hardey. 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
View details of Cellfion's Founder profiles and Board Members
Cellfion's employee count trend
Cellfion has 21 employees as of Jul 26. Here is Cellfion's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ionomr Innovations 2017, Vancouver (Canada), Series A | Ion-exchange membranes | $38M | 56/100 | |
2nd | Provider of hydrogen power systems and related components and services | $220M | 48/100 | ||
3rd | Ecolectro 2015, Ithaca (United States), Series A | Low-cost fuel cell membrane developer | $28.4M | 44/100 | |
4th | Production of nano crystalline cellulose from sludge of paper mills | $20M | 42/100 | ||
5th | CelluForce 2010, Montreal (Canada), Series A | Provides Cellulose NanoCrystals (CNC) solutions | - | 42/100 | |
6th | Gelatex Technologies 2016, Tallinn (Estonia), Seed | Manufacturer of nanofibrous materials and provider of contract development services | $1.35M | 42/100 | |
7th | ![]() Foamlab Seed | Manufacturer of bio-based nanocellulose foams for various industrial material applications | $3.51M | 40/100 | |
8th | Tang Feng Energy Technology 2017, Shanghai (China), Series C | Provider of solutions for the low-platinum membrane-based electrodes | $15.5M | 37/100 | |
9th | Developer of nanocellulose for industrial solutions | $1.08M | 36/100 | ||
10th | Membrane electrode for fuel cells and electrolyzers | - | - | 35/100 | |
18th | 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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MVision AI Raises €5.4M in FundingFinSMEs•Mar 23, 2023•MVision, J12, Voima Ventures, J12 and 4 others
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Finnish baby tech Nucu secures €950k from Voima VenturesAIN.Capital•Nov 07, 2022•NUCU, Voima Ventures, ElFys, Cellfion and 1 other
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Finnish fund Voima Ventures invests in Cellfion, a cleantech from SwedenAIN.Capital•Sep 01, 2022•Voima Ventures, Cellfion
•
Swedish startup Cellfion lands new investment to help fuel a sustainable energy transitionEU-Startups•Aug 31, 2022•Cellfion, Almi, Voima Ventures, Klimatet Invest and 1 other
•
Finnish deep tech fund Voima Ventures is making its first investment in SwedenArcticStartup•Aug 31, 2022•Voima Ventures, Cellfion
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