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Cellexcel raises over £250,000 to accelerate commercialisation of unique carbon emission-reducing biomaterial technology

📅 Date:

🔖 Topics: Funding Event, Materials Science

🏢 Organizations: Cellexcel, University of East Anglia

Innovative biomaterial technology start-up Cellexcel has announced that it has closed its first funding round, raising over £250,000. Investments have come from College Green Ventures, New Anglia Capital, Low Carbon Innovation Fund, and Turquoise alongside angel investors from Anglia Capital Group. The funding will enable Cellexcel to engage with industry partners to further develop and commercialise Cellexcellent™ in real-world applications, while building its capabilities to enhance biomaterial water resistance.

Based on research from the University of East Anglia (UEA), Cellexcel has created a Cellexcellent™, a unique, patented technology to enhance the water resistance of biomaterials. This enables them to be integrated into external applications, such as composite panels used in the automotive or aerospace industry, reducing both weight and embedded CO2 emissions. By replacing emission-heavy materials such as polycarbonates, metal, or fibreglass composites companies benefit from around a 90% reduction in manufacturing CO2, – all while retaining their form, fit and function over time.

Read more at Cellexcel Blog