About CellX
CellX is a company based in Minhang (China) founded in 2020 by Ran Liu and Ziliang Yang.. CellX has raised $25.66 million across 4 funding rounds from investors including Agronomics, Better Bite Ventures and Joyvio Ventures. CellX operates in a competitive market with competitors including Avant Meats, STARFIELD, Nanjing Zhouzi Future Food Technology, Haofood and Zrou Movement, among others.
- Headquarter Minhang, China
- Founders Ran Liu, Ziliang Yang
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Sectors
ConsumerTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.66 M (USD)
in 4 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Jun 16, 2023
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Investors
Agronomics
& 8 more
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Employee Count
Employee Count
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Funding Insights of CellX
CellX has successfully raised a total of $25.66M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $6.5M
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First Round
First Round
(09 Dec 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - CellX | Valuation |
investors |
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| Feb, 2022 | Amount | Series A - CellX | Valuation | Better Bite , Joyvio Ventures |
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| Sep, 2021 | Amount | Series A - CellX | Valuation | Zhen Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CellX
CellX has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Agronomics, Better Bite Ventures and Joyvio Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investing in food, agriculture, and climate tech startups in Asia Pacific.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Lever VC is focused on investing in food and agriculture transformation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CellX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CellX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cellx Comparisons
Competitors of CellX
CellX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avant Meats, STARFIELD, Nanjing Zhouzi Future Food Technology, Haofood and Zrou Movement, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cell-based meat and cultivated fish protein products are developed.
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| domain | founded_year | HQ Location |
Plant-based meat alternatives are developed using plant proteins.
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| domain | founded_year | HQ Location |
Provider of food safety testing services
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| domain | founded_year | HQ Location |
Plant-based protein alternatives are developed using peanut protein bases.
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| domain | founded_year | HQ Location |
Plant-based meat alternatives are offered by Zrou Movement platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cellx
Frequently Asked Questions about CellX
When was CellX founded?
CellX was founded in 2020.
Where is CellX located?
CellX is headquartered in Minhang, China. It is registered at Minhang, Shanghai, China.
Who is the current CEO of CellX?
Ziliang Yang is the current CEO of CellX. They have also founded this company.
Is CellX a funded company?
CellX is a funded company, having raised a total of $25.66M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.3M, raised on Dec 09, 2020.
What does CellX do?
CellX was founded in 2020 and is based in Minhang, China. Operations focus on the cell-cultivated meat sector, where lab-grown meat products are produced. Kebabs made from cultivated cells and tofu incorporating minced lab-grown meat have been created. Additionally, cell-cultivated beef is developed using 3D bioprinting technology. The company is led by co-founders Ran Liu and Ziliang Yang, the latter serving as CEO.
Who are the top competitors of CellX?
CellX's top competitors include Avant Meats, STARFIELD and Haofood.
Who are CellX's investors?
CellX has 9 investors. Key investors include Agronomics, Better Bite Ventures, Joyvio Ventures, Lever VC, and Zhen Fund.
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