When was Renewcell founded?

Renewcell was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Renewcell located?

Renewcell is headquartered in Stockholm, Sweden.

How many employees does Renewcell have?

As of May 31, 2026, the latest employee count at Renewcell is 61.

Is Renewcell a funded company?

Renewcell is a funded company, having raised a total of $11M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 23, 2016.

When was the latest funding round of Renewcell?

Renewcell's latest funding was a $***** Grant (prize money) round on Jul 01, 2019, with participation from 1 investor.

Where does Renewcell rank among its competitors?

Renewcell ranks 7th amongst 29 active competitors, of which 8 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was InventWood, which secured $15M in Jan, 2026.

Who are the top competitors of Renewcell?

Renewcell's top competitors include Spinnova, TreeToTextile and Infinited Fiber. Among them, InventWood secured the most recent funding round in January, 2026.

Renewcell - 2026 Company Profile, Team, Funding & Competitors

Renewcell is a public company based in Stockholm (Sweden), founded in 2012 by Johan Sundblad, Malcolm Norlin, Mikael Lindstrom, Christofer Lindgren and Gunnar Henriksson. It operates as a Provider of material made by recycling cotton from discarded textiles. Renewcell has raised $11M in funding from investors like Fouriertransform, Gripen and KappAhl. The company has 29 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like Spinnova, TreeToTextile and Infinited Fiber.

Company Details

Provider of material made by recycling cotton from discarded textiles. The material recovers cellulose from clothes and production scraps. It replaces virgin materials and helps close the loop on textile production. The material is a dissolving pulp that makes regenerated fibers. These fibers are spun into yarns, woven into fabrics, and sewn into textile products.

Website: renewcell.com
Social
Email ID: *****@renewcell.com

Key Metrics

Founded Year

2012

Location

Stockholm, Sweden

Stage

Public

Total Funding

$11M in 3 rounds

Latest Funding Round

Grant (prize money), Jul 01, 2019, $*****

Investors

Fouriertransform & 6 more

Ranked

7^th among 29 active competitors

Employee Count

61 as on May 31, 2026

Similar Companies

Spinnova & 20 more

Exit Details

Public

View Renewcell's full profile

Renewcell is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ReNewCell AB CIN: 556885-6206 , Sweden, Active	Apr 26, 2021	-	-	-
Re: NewCell AB CIN: 556885-6206 , Sweden, Active	Dec 31, 2011	-	21 (As on Dec 31, 2020)	-

Renewcell got listed on Dec 02, 2020.

Click here to take a look at Renewcell's IPO in detail

Renewcell has raised a total funding of $11M over 3 rounds. Its first funding round was on Sep 23, 2016. Its latest funding round was a Grant (prize money) round on Jul 01, 2019 for $*****. 1 investor participated in its latest round. Renewcell has 7 institutional investors.

Here is the list of recent funding rounds of Renewcell:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2019	8931552	Grant (prize money)	8705639	8073992	4443620	7632940
Jun 24, 2019	1436156	Series A	1838018	3136590	6408738	1077949
Sep 23, 2016	4595124	Series A	5473828	4842129	Fouriertransform	9582075

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View details of Renewcell's funding rounds and investors

The founders of Renewcell are Johan Sundblad, Malcolm Norlin, Mikael Lindstrom, Christofer Lindgren and Gunnar Henriksson. Patrik Lundstrom is the CEO of Renewcell.

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

Johan Sundblad: Former Co-Founder of Renewcell and founder of 1 other company.
Malcolm Norlin: Co-Founder of Renewcell and founder of 1 other company.
Mikael Lindstrom: Co-Founder of Renewcell and founder of 1 other company.
Contact Info: 1 email address
Christofer Lindgren: Co-Founder of Renewcell and founder of 1 other company.
Gunnar Henriksson: Co-Founder of Renewcell and founder of 1 other company.
Contact Info: 1 email address

View details of Renewcell's Founder profiles and Board Members

Renewcell's employee count trend

Renewcell has 61 employees as of May 26. Here is Renewcell's employee count trend over the years:

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Top competitors of Renewcell include Spinnova, TreeToTextile and Infinited Fiber. Here is the list of Top 10 competitors of Renewcell, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spinnova 2015, Jyvaskyla (Finland), Public	Developer of cellulose-based textile fibres	$70.7M	Lenzing, VTT Ventures & 12 others	61/100
2nd	TreeToTextile 2014, Stockholm (Sweden), Acquired	Developer of renewable cellulose fiber technology for textile industry	$2.73M	Lenzing, H&M Group Ventures & 3 others	60/100
3rd	Infinited Fiber 2016, Espoo (Finland), Series B	Producer of recycled cotton fibers and technological solutions for fashion industry	$83.6M	H&M Group Ventures, Fortum & 18 others	58/100
4th	InventWood 2016, College Park (United States), Series A	Developer of advanced wood material offering strength and fire resistance	$50M	Grantham Foundation, Defense.gov & 8 others	56/100
5th	Spiderwort 2017, Ottawa (Canada), Series A	Developer of plant-based biomaterials for repair and regeneration of tissues	$16.1M	Horizons Ventures, Flucas Ventures & 10 others	54/100
6th	ECOR Global 2006, San Diego (United States), Series B	Developer of sustainable building materials	$20.2M	Phalanx Impact Partners, Keshif Ventures	47/100
7th	Renewcell 2012, Stockholm (Sweden), Public	Provider of material made by recycling cotton from discarded textiles	$11M	H&M Group Ventures, Fouriertransform & 5 others	46/100
8th	INCA Renewtech 2020, Kelowna (Canada), Series A	Provider of bio-composite materials	$4.5M	Accelerate Okanagan, R.H. Equities	40/100
9th	Woamy 2022, Espoo (Finland), Seed	Developer of recyclable cellulose-based foam	$1.1M	CMPC Ventures, Secto Design	38/100
10th	Ucomposites 2008, Copenhagen (Denmark), Seed	Developer and manufacturer of specialized glass fiber for composite materials	$1.67M	EIC Fund, Spring Nordic & 2 others	37/100