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
RetailEnvironment Chemicals & Materials
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- 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
$10.99 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
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.
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pulp made from textile waste for biodegradable fiber production.
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $1.9M
-
First Round
First Round
(23 Sep 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Grant - Renewcell | Valuation |
investors |
|
| Jun, 2019 | Amount | Series A - Renewcell | Valuation | Gripen , KappAhl |
|
| Sep, 2016 | Amount | Series A - Renewcell | Valuation | Fouriertransform |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Multiple sectors are invested in by corporate-backed Almi Invest.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in multiple sectors
|
Founded Year | Domain | Location | |
|
A state-owned venture capital company focused on sustainable investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Renewcell
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Renewcell
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renewcell Comparisons
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. 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 |
Sustainable fabric materials are developed via microbial fermentation processes.
|
|
| domain | founded_year | HQ Location |
Developer of cellulose-based textile fibres
|
|
| domain | founded_year | HQ Location |
Wood-based sustainable fabrics are developed and provided by Lenzing.
|
|
| domain | founded_year | HQ Location |
Tech-based solutions are provided for yarns from textile waste.
|
|
| domain | founded_year | HQ Location |
Provider of sustainable solutions for circular economy
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Renewcell
Frequently Asked Questions about Renewcell
When was Renewcell founded?
Renewcell was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Renewcell located?
Renewcell is headquartered in Stockholm, Sweden.
Who is the current CEO of Renewcell?
Patrik Lundstrom is the current CEO of Renewcell.
Is Renewcell a funded company?
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 23, 2016.
How many employees does Renewcell have?
As of Dec 31, 2022, the latest employee count at Renewcell is 139.
What is the annual revenue of Renewcell?
Annual revenue of Renewcell is $706.57K as on Dec 31, 2021.
What does Renewcell do?
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.
Who are the top competitors of Renewcell?
Renewcell's top competitors include Lenzing, Spinnova and ECOR Global.
What products or services does Renewcell offer?
Renewcell offers CIRCULOSE® Pulp.
Who are Renewcell's investors?
Renewcell has 6 investors. Key investors include KappAhl, European Union, Gripen, Almi Invest, and H&M Group Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.