About Renewcell
Renewcell is a company based in Stockholm (Sweden) founded in 2012 by Gunnar Henriksson, Christofer Lindgren, Mikael Lindstrom, and Malcolm Norlin. Renewcell has raised $10.99 million across 3 funding rounds from investors including KappAhl, European Union and Gripen. The company has 139 employees. Renewcell offers products and services including CIRCULOSE® Pulp. Renewcell operates in a competitive market with competitors including Spiber, Spinnova, Lenzing, Ambercycle and Claros Technologies, among others.
- Headquarter Stockholm, Sweden
- Employees 139
- Founders Gunnar Henriksson, Christofer Lindgren, Mikael Lindstrom, Malcolm Norlin
- Stage Public
- SectorsRetailEnvironment Chemicals & Materials
- Email••••••••
- Website renewcell.com/en
- Social LinkedIn X Facebook
- Legal Name Circulose Sca
- Annual Revenue$706.57 K (USD)96as on Dec 31, 2021
- Net Profit-$15.53 M (USD)-94as on Dec 31, 2021
- EBITDA-$15.53 M (USD)-94as on Dec 31, 2021
- Total Equity Funding$10.99M (USD)
in 3 rounds
- Latest Funding Round$1.94M (USD), Grant
Jul 2019
- InvestorsKappAhl
& 5 more
- Employee Count139
Products & Services of Renewcell
Renewcell offers a comprehensive portfolio of products and services, including CIRCULOSE® Pulp.
Pulp made from textile waste for biodegradable fiber production.
Funding Insights of Renewcell
Renewcell has successfully raised a total of $10.99M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.94 million completed in July 2019. 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 $10.99M
- Total Rounds 3
- Last Round Grant — $1.94M
- First Round $5.62M
(Sep 2016)
- Investors Count 6
All 3 funding rounds of Renewcell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $1.94M | Grant | – | – | |
| Jun 2019 | $5.37M | Series A | – | Gripen, KappAhl | – |
| Sep 2016 | $5.62M | Series A | – | Fouriertransform | – |
6 investors in total: 6 institutional.
Investors in Renewcell
Renewcell has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include KappAhl, European Union and Gripen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by corporate-backed Almi Invest. | – | almi.se/Almi-Invest/ | Lund, Sweden | |
Venture capital fund investing in multiple sectors | – | hmgroupventures.com | Stockholm, Sweden | |
A state-owned venture capital company focused on sustainable investments. | 2016 | fouriertransform.se | Stockholm, Sweden | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
- | – | gripen.se | - | |
Apparel is retailed by KappAhl across various channels. | 1953 | kappahl.com | Molndal, Sweden |
Investor details for Renewcell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Renewcell
15 people are tracked at Renewcell (8 in leadership, 7 in team); the tracked headcount is 139.
| Name | Role | Group |
|---|---|---|
Gunnar Henriksson | Co-Founder | Leadership |
Christofer Lindgren | Co-Founder | Leadership |
Mikael Lindstrom | Co-Founder | Leadership |
Malcolm Norlin | Co-Founder | Leadership |
Patrik Lundstrom | CEO | Leadership |
Ylva Stjernquist | Vice President Supply Chain & Sourcing | Leadership |
Patrik Lundström | Chief Executive Officer | Leadership |
Tricia Carey | Chief Commercial Officer | Leadership |
Caroline Löwenhav | Marketing Coordinator | Team |
Richard Törnblom | Business development | Team |
Tobias Sjögren | Production Development Manager | Team |
SM Toufiqur Rahman | Sourcing Manager ( Feedstock) | Team |
Zaheer Ahmad Mansoor | Process Development Manager | Team |
Sara Öhman | Product Development Engineer / Technical Customer Support | Team |
Karin Lindmark | Circular Business Manager | Team |
Complete people profiles for Renewcell
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Renewcell
4 dated milestones of Renewcell across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Renewcell is founded.
- Funding First funding round of $5.6M.
- Funding Latest funding round, Grant, of $1.9M.
- IPO Lists on the stock exchange (IPO).
Competitors of Renewcell
Renewcell 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 Spiber, Spinnova, Lenzing, Ambercycle and Claros Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spiber.inc | 2007 | Tsuruoka, Japan | $489.35M | – | Sustainable fabric materials are developed via microbial fermentation processes. | |
| spinnova.com | 2015 | Jyvaskyla, Finland | $17.68M | – | Developer of cellulose-based textile fibres | |
| lenzing.com | 1939 | Lenzing, Austria | – | – | Wood-based sustainable fabrics are developed and provided by Lenzing. | |
| ambercycle.com | 2013 | Los Angeles, United States | $26.6M | 7 | Tech-based solutions are provided for yarns from textile waste. | |
| clarostechnologies.com | 2015 | Saint Paul, United States | $57.7M | – | Provider of sustainable solutions for circular economy | |
| recoverfiber.com | 1947 | Mariola, Spain | $100M | 4 | Sustainable fabrics are manufactured from recycled textile waste. | |
| ecorglobal.com | 2006 | San Diego, United States | $20.23M | – | Sustainable building materials are developed from recycled cellulose fibers. | |
| evrnu.com | 2014 | Seattle, United States | $29.36M | – | Sustainable fabrics are produced from recycled textiles using regenerative fibers. | |
| absolute.ag | 2015 | Gurugram, India | $115.9M | 164 | Biological technologies are developed for agriculture, healthcare, and materials science. |
Detailed competitors of Renewcell
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Renewcell
Websites that share an audience with Renewcell (renewcell.com).
Websites whose visitors overlap most with Renewcell. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cfda.com | 100% | – | #388,318 | View details |
Latest news on Renewcell
Complete news archive for Renewcell
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Renewcell
10 companies that operate in the same segment as Renewcell (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Renewcell
Renewcell was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Renewcell is headquartered in Stockholm, Sweden.
Patrik Lundstrom is the current CEO of Renewcell.
Renewcell is a funded company, having raised a total of $10.99M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.62M, raised on Sep 2016.
Renewcell has 139 employees.
Annual revenue of Renewcell is $706.57K as on Dec 31, 2021.
Renewcell was founded in 2012 in Stockholm, Sweden, and operates in the sustainable textiles sector. Used textiles are collected and processed into a slurry, which is dried to yield biodegradable pulp. This pulp is transformed using proprietary technology into fibres for weaving new textiles, fabrics, and garments. The focus is placed on circular economy practices to reduce waste in the apparel industry.
Renewcell's top competitors include Lenzing, Spinnova and ECOR Global.
Renewcell offers CIRCULOSE® Pulp.
Renewcell has 6 investors. Key investors include KappAhl, European Union, Gripen, Almi Invest, and H&M Group Ventures.
Renewcell operates through Circulose Sca.