Cellfion has successfully secured a 14 million SEK seed investment to accelerate the development of its sustainable membrane technologies, supported by prominent investors in Sweden's growing green tech sector.
Information on the Target
Cellfion, established in August 2021, is a pioneering company emerging from ten years of intensive research conducted at the KTH Royal Institute of Technology, Linköping University, and RISE. The company focuses on developing sustainable membranes by integrating cellulose fiber technology with electrochemistry, paving the way for innovative applications in various industries. Currently headquartered in Stockholm, Cellfion has a dedicated team of four professionals and an advisory board rich in experience related to their field, positioning them strongly for future growth.
Industry Overview in Sweden
Sweden has become a global leader in sustainable technologies, particularly in the realms of green tech and environmental solutions. The country's commitment to innovation is evident through its strategic investments in research and development, creating a fertile environment for startups like Cellfion. The Swedish government has also established various support mechanisms aimed at promoting clean technology, making it an advantageous landscape for emerging businesses seeking to address climate challenges.
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The sustainable membrane market itself is experiencing significant expansion, driven by rising demands for energy-efficient technologies and environmentally friendly alternatives. As industr
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Disclosed details
Transaction Size: $1M