Where is Cellugy located?

Cellugy is headquartered in Soborg, Denmark.

Who is the current CEO of Cellugy?

Isabel Alvarez Martos of Cellugy. They have also founded 1 company.

Which legal entities is Cellugy associated with?

Cellugy is associated with CELLUGY APS.

How many employees does Cellugy have?

As of Jun 30, 2026, the latest employee count at Cellugy is 27.

Is Cellugy a funded company?

Cellugy is a funded company, having raised a total of $13.2M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Cellugy?

Cellugy's latest funding was a $***** Grant (prize money) round on Jun 24, 2025, with participation from 1 investor.

Where does Cellugy rank among its competitors?

Cellugy ranks 16th amongst 397 active competitors, of which 105 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tidal Vision, which secured $19M in May, 2026.

Who are the top competitors of Cellugy?

Cellugy's top competitors include Xampla, Shellworks and Econic Technologies. Among them, Tidal Vision secured the most recent funding round in May, 2026.

Cellugy - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of biofabricated cellulose-based ingredients intended to replace petrochemicals in products. These ingredients offer a sustainable transition without sacrificing production momentum or performance. The company's cellulose is adaptable, stable, and easily redispersed. It provides a tool for sustainable change, meeting product needs and customer expectations. The technology aims to reduce microplastics by offering alternatives to traditional petrochemicals.

Website: www.cellugy.com
Social
Email ID: *****@cellugy.com

Key Metrics

Founded Year

2018

Location

Soborg, Denmark

Stage

Seed

Total Funding

$13.2M in 10 rounds

Latest Funding Round

Grant (prize money), Jun 24, 2025, $*****

Investors

Europa & 14 more

Ranked

16^th among 397 active competitors

Employee Count

27 as on Jun 30, 2026

Similar Companies

Naturbeads & 6 more

View Cellugy's full profile

Cellugy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CELLUGY APS CIN: 39463725 , Denmark, Active	Apr 04, 2018	-	-

Cellugy has raised a total funding of $13.2M over 10 rounds. Its latest funding round was a Grant (prize money) round on Jun 24, 2025 for $*****. 1 investor participated in its latest round. Cellugy has 15 institutional investors.

Here is the list of recent funding rounds of Cellugy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 24, 2025	2065859	Grant (prize money)	8441668	3537209	7734373	8239821
May 16, 2024	8959622	Seed	7084963	9130433	9980786	Joyance Partners & 3 more
Mar 31, 2023	4190942	Grant (prize money)	9841009	4729969	9095608	EIC Fund

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View details of Cellugy's funding rounds and investors

The founders of Cellugy are Isabel Alvarez Martos and Deby Fapyane. Isabel Alvarez Martos is the CEO of Cellugy.

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

Isabel Alvarez Martos: Co-Founder & CEO of Cellugy. They serve on the board of 1 company.
Contact Info: 1 email address
Deby Fapyane: Co-Founder of Cellugy.

Cellugy's Board of Directors

Cellugy's board has 4 active members. Isabel Alvarez Martos and Parun Sihombing are part of team and Andreas Worberg and Thomas Bagge Dujardin are independent board members.

Here is the list of Cellugy's board of directors:

Name	Type	Representing	Status	Duration
ckatbpj	Team	-	Past	9y 1m
mtswmku	Team	-	Past	7y 4m
Andreas Worberg	Independent board member	-	Current	5y 7m
cenpaqn	Independent board member	-	Current	4y 3m

View details of Cellugy's Founder profiles and Board Members

Cellugy's employee count trend

Cellugy has 27 employees as of Jun 26. Here is Cellugy's employee count trend over the years:

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Top competitors of Cellugy include Xampla, Shellworks and Econic Technologies. Here is the list of Top 10 competitors of Cellugy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Xampla 2018, Cambridge (United Kingdom), Series A	Manufacturer of plant based bio-degradable packaging products	$31.9M	Matterwave Ventures, Horizons Ventures & 15 others	62/100
2nd	Shellworks 2018, London (United Kingdom), Series A	Biotech startup Shellworks is focused on creating sustainable alternatives to plastic packaging by turning waste crustacean shells into biodegradable and compostable products.	$22.1M	LocalGlobe, Alter Equity & 11 others	61/100
3rd	Econic Technologies 2011, Macclesfield (United Kingdom), Series E	Developer of technology that transforms carbon dioxide into valuable raw materials	$43.2M	Capricorn Partners, Taranis & 44 others	61/100
4th	EF Polymer 2018, Okinawa (Japan), Series B	Manufacturer of organic super-absorbent hydrogel for sustainable agriculture	$28.9M	Beyond Next Ventures, ema.co.jp & 25 others	61/100
5th	Calyxia 2011, Bonneuil sur Marne (France), Series B	Provider of diversified green chemicals	$53.7M	Lombard Odier, Astanor & 3 others	58/100
6th	Tidal Vision 2014, Bellingham (United States), Series B	Provider of natural biopolymer materials	$356M	Sahsen Ventures, KIRKBI A/S & 12 others	58/100
7th	Newlight Technologies 2003, Huntington Beach (United States), Series F	Developer of technology converting greenhouse gas into biomaterial for product manufacturing	$220M	GenZero, Valedor Partners & 6 others	57/100
8th	Traceless 2020, Hamburg (Germany), Series A	Manufacturer of bioplastics from agricultural waste	$39M	UB FIGG, HTGF & 9 others	56/100
9th	Uluu 2020, Perth (Australia), Series A	Manufacturer of biodegradable polymers from seaweed	$17.2M	Burda Principal Investments, Main Sequence ... & 13 others	56/100
10th	Lactips 2014, Saint Jean Bonnefonds (France), Series C	Manufacturer of natural polymer solutions for reducing plastic waste	$36.7M	Bpifrance, GO CAPITAL & 10 others	56/100
16th	Cellugy 2018, Soborg (Denmark), Seed	Developer of biofabricated cellulose-based ingredients intended to replace petrochemicals in products	$13.2M	European Innovation Council, Danmarks Eksport og Investeringsfond ... & 13 others	55/100