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High Tech Series A Founded 2006

CelluComp

CelluComp develops a material, Curran, from the nano-cellulose fibers extracted from the root vegetables. The material has features such as lightness, strength, shear-thinning viscosity, suspension properties, and stability irrespective of pH. It has a platelet structure. The material is used in multiple industrial products including paints, coatings, concrete, drilling fluids, cosmetics, personal care, and home…

📍 Burntisland, United Kingdom · Advanced Materials,

Funding snapshot

Last roundSeries A
Amount$5M
Date10 March 2016
Total raised$9M
Valuation30,785,436 (May 6, 2021)
Team size17

About

CelluComp develops a material, Curran, from the nano-cellulose fibers extracted from the root vegetables. The material has features such as lightness, strength, shear-thinning viscosity, suspension properties, and stability irrespective of pH. It has a platelet structure. The material is used in multiple industrial products including paints, coatings, concrete, drilling fluids, cosmetics, personal care, and home care products. The company was founded in 2006 and headquartered in Burntisland, United Kingdom. It has raised $9.1M in series a funding, with backing from Sofinnova Partners, Scottish Investment Bank, Scottish Enterprise, Claridge Investment, and others. The company operates in the High Tech - Advanced Materials, Chemicals and Materials Tech - Advanced Materials, High Tech - Nanotechnology space. Manufacturer of nano-fibers for paint & coatings.

Business model

Advanced Materials > Nanostructures > Ceramics > Nanofiber,

Nanotechnology > Nanostructures > Ceramics > Nanofiber

Institutional investors

Sofinnova Partners Scottish Investment Bank Scottish Enterprise Claridge Investment Discovery Investment Fund Capagro Abundant Venture Partners Plug and Play Tech Center Stepworth Holdings SOBEK INVESTMENTS 230778 Ontario Michael Cragg Ehud Telem Brad Greenwald Patrick Rignell

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