Gelatex has invented fast and scalable solution-spinning technology to produce nanofibers for various industries.
Business Model:
Revenue: $0
Employees: 1-10
Address: Trummi 6-16,
City: Tallinn
State: harju county
Zip: 12616
Country: EE
Gelatex is a Techstars-backed materials technology company that invented the fastest technology for producing bio-based nanofibers on a large scale. It is a platform technology that enables faster and up to 100 cheaper nanofiber production for applications like 3D scaffolds for tissue engineering, cultured meat, bio-based filters, eco-friendly leather-like textile, energy storage, wound care, and many more. The technology is patent-pending and the machinery fully functional. The company was founded in 2016 and until COVID-19 pandemic developed eco-friendly leather-like textile from gelatin nanofibers, using this nanofiber production technology as part of the process. COVID-19 was a trigger to understand the wider potential of the technology which then led to pivot. The company is based in Estonia and holding incorporated in UK (2019).
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2019 | Pre Seed Round | 2 | - |
Techstars Techstars &a; The Heritage Group Hardtech Accelerator Techstars Techstars &a; The Heritage Group Hardtech Accelerator |
5/2021 | Non Equity Assistance | 1 | - |
MassChallenge Switzerland MassChallenge Switzerland |
11/2021 | Seed | 2 | $1.2M |
Change Ventures Crosslight Partners Change Ventures Crosslight Partners |
5/2021 | Non Equity Assistance | 1 | - |
MassChallenge Switzerland MassChallenge Switzerland |
9/2019 | Pre Seed Round | 2 | - |
Techstars Techstars &a; The Heritage Group Hardtech Accelerator Techstars Techstars &a; The Heritage Group Hardtech Accelerator |
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