KTH Holding has invested in the Swedish cleantech startup Cellfion AB, which develops bio-based membranes for electrochemical energy conversion and storage.

Target Information

Cellfion AB is a pioneering Swedish deep-tech startup that specializes in the development and manufacturing of bio-based membranes for use in electrochemical energy conversion and storage devices. The company's innovative membranes are constructed from nanocellulose fibrils—an abundant biopolymer derived from wood. This venture aims to address the growing demand for high-performance and cost-effective clean energy solutions, particularly in hydrogen production.

Founded through a collaboration between KTH, Linköping University, and RISE, Cellfion is driven by leading researchers and entrepreneurs. The startup received support from investors such as KTH Holding, LiU Invest, and private investor Hans Hentzell, who will also join the board of directors alongside experienced members from the industry. Cellfion focuses on advancing the renewable energy sector, specifically in developing solutions for Organic Redox Flow Batteries and PEM Electrolysers.

Industry Overview in Sweden

The Swedish green technology sector has been rapidly evolving, driven by a strong governmental focus on sustainability and renewable energy. Sweden is recognized for being at the forefront of innovation in cleantech, bolstered