Renewcell

Stockholm, Sweden Founded: 2012 • Age: 14 yrs
Biodegradable fibres are produced from recycled cellulosic materials.
Annual revenue $706,573 Latest available
Total funding $11.0M 3 rounds
Employees 139 Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

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 as of December 31, 2022. 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 as on 31 Dec, 2022
  • Founders Gunnar Henriksson, Christofer Lindgren, Mikael Lindstrom, Malcolm Norlin
  • Stage Public
  • Sectors
    Retail
    Environment Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Circulose Sca
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $706.57 K (USD)
    96
    as on Dec 31, 2021
  • Net Profit
    -$15.53 M (USD)
    -94
    as on Dec 31, 2021
  • EBITDA
    -$15.53 M (USD)
    -94
    as on Dec 31, 2021
  • Total Equity Funding
    $10.99 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.94 M (USD), Grant

    Jul 01, 2019

  • Investors
    KappAhl

    & 5 more

  • Employee Count
    139

    as on Dec 31, 2022

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Renewcell

Renewcell offers a comprehensive portfolio of products and services, including CIRCULOSE® Pulp.

Product name locked
Category locked
Primary

Pulp made from textile waste for biodegradable fiber production.

People of Renewcell

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Ylva Stjernquist
Vice President Supply Chain & Sourcing
People
Richard Törnblom
Business development
People
Tricia Carey
Chief Commercial Officer
People
Tobias Sjögren
Production Development Manager

Unlock access to complete

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by corporate-backed Almi Invest.
Locked Locked Locked
Venture capital fund investing in multiple sectors
Locked Locked Locked
A state-owned venture capital company focused on sustainable investments.
Locked Locked Locked
Premium access

Investor details for Renewcell

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Renewcell

Investments
Premium access

Investment portfolio details for Renewcell

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Renewcell

Premium access

Detailed financials for Renewcell

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Renewcell Comparisons

Renewcell Primary company
Description
Biodegradable fibres are produced from recycled cellulosic m...
Location
Stockholm, Sweden
Founded Year
2012
Annual Revenue
$706.57 K (USD)
Net Profit
-$15.53 M (USD)
EBITDA
-$15.53 M (USD)
Employees
139
As of 2022
Premium access

Peer comparison for Renewcell

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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 year HQ Location Description
Locked Locked Locked
Sustainable fabric materials are developed via microbial fermentation processes.
Locked Locked Locked
Developer of cellulose-based textile fibres
Locked Locked Locked
Wood-based sustainable fabrics are developed and provided by Lenzing.
Locked Locked Locked
Tech-based solutions are provided for yarns from textile waste.
Locked Locked Locked
Provider of sustainable solutions for circular economy
Premium access

Detailed competitors of Renewcell

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Renewcell

Premium access

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.

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.

As of Dec 31, 2022, the latest employee count at Renewcell is 139.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available