Søborg, Denmark-based Cellugy, which is developing a biodegradable cellulose ingredient to replace the petrochemicals used in cosmetics like sunscreen and makeup, has raised a €4.9m seed round.
News
May 21, 2024
Your sunscreen has got fossil fuels inside - Cellugy has raised €4.9m to replace them with a sustainable alternative
The cosmetics industry is looking for sustainable alternatives to fossil fuel ingredients — and Cellugy wants to meet the demand
3 min read
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