A biomaterial technology business called Cellexcel, situated in Norwich, Norfolk, UK, has secured more than £250K in finance.
In addition to angel investors from Anglia Capital Group, supporters included College Green Ventures, New Anglia Capital, Low Carbon Innovation Fund, and Turquoise.
The University of East Anglia spin-out aims to improve biomaterial water resistance while expanding the potential of CellexcellentTM via commercialization and further development in practical applications.
Under the direction of Executive Chair Tim Pryce, Cellexcel has developed a patented technology called CellexcellentTM that improves the water resistance of biomaterials while lowering carbon emissions and boosting sustainability. This makes it possible for biocomposites to be utilized externally, as on the outside panels of automobiles, vans, lorries, or airplanes, lowering their carbon footprint without compromising their strength or other qualities.
“Since I joined Cellexcel in July 2022, we’ve focused on strengthening the team and putting in place the structure to effectively commercialize our technology, with the help of our new finance, we can now take the next step and work with partners in the construction, automotive, and packaging industries to match our technology to the urgent market demands for more environmentally friendly materials that perform at the highest possible levels.”
Tim Pryce
About Cellexcel
The CellexcellentTM technology from Cellexcel goes well beyond simple sealants or surface treatments, operating at the molecular level. Certain substances may be delivered to the cellulose molecule and attached to it, improving demonstrably key performance attributes including water resistance.
This guarantees that when biomaterials are used to reinforce a composite part, the part may be formed via drilling and machining operations without worrying about moisture seeping in at the machined edges and can be protected against moisture intrusion in regions that might otherwise result in surface damage.
by use of its own eco-friendly process, devoid of petrochemicals or permanent chemicals. With our CellexcellentTM technology, we want to replace traditional approaches like coatings that, when sliced, show edge flaws. It works with every kind of cellulosic fiber.
