Danish Biotech Cellugy Wants to Replace Microplastics in Cosmetics
4 Articles
4 Articles
Danish biotech Cellugy wants to replace microplastics in cosmetics
Danish biotech Cellugy has raised €8.1mn in EU funding to accelerate production of a biodegradable material designed to replace microplastics in cosmetics. The grant, awarded under the EU’s LIFE Programme for environmental projects, will support the commercialisation of EcoFLEXY, a cellulose-based material for use in personal care products such as creams, gels, and toothpaste. Cellugy claims EcoFLEXY is the first material of its kind to match t…
Denmark's Cellugy Gets €8M EU Funding for Fossil-Free Skincare Materials
4 Mins Read Danish biotech firm Cellugy has secured €8.1M via an EU grant to scale up its bio-based alternative to fossil-based skincare ingredients. To rid the cosmetics industry of its fossil fuel dependence, Danish startup Cellugy has received an €8.1M boost from the EU’s Life Programme, which funds projects supporting climate action. It takes the seven-year-old firm’s total raised to €13M, and will help it scale and speed up the production o…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium