Danish startup Cellugy nabs €2.38 million to make eco-friendly packaging from fruit sugars #StartUps - The Entrepreneurial Way with A.I.

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Wednesday, December 30, 2020

Danish startup Cellugy nabs €2.38 million to make eco-friendly packaging from fruit sugars #StartUps

Cellugy, the Danish-based biotech startup replacing single-use plastics with 100% natural bio-cellulose, announces the securement of €2.38 million in seed round funding from the European Innovation Council Accelerator Pilot Phase 2. The company, which was founded in 2018 by Isabel Álvarez-Martos, Deby Fapyane, and Paruntungan Sihombing, has been developing a biomaterial to sustainably replace fossil-based…

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The post Danish startup Cellugy nabs €2.38 million to make eco-friendly packaging from fruit sugars first appeared on EU-Startups.



via https://www.AiUpNow.com/ by contact@bcurdy.com, Khareem Sudlow