The company is a spinout from VTT Technical Research Centre of Finland. Investor names and founder name were not visible in the provided content.
About Elea & Lili
Finnish deep-tech startup developing CSA™, a cellulose-based, fully biodegradable and microplastic-free superabsorbent material intended to replace fossil-based superabsorbent polymers in diapers, agriculture, and other industries.
Espoo, Finland
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Source: https://tech.eu/2026/03/18/elea-lili-raises-eur25m-to-scale-fossil-free-absorbent-materials/
Frequently Asked Questions
What type of funding round did Elea & Lili raise?
Elea & Lili raised a seed round.
How much did Elea & Lili raise in its seed?
Elea & Lili raised $2,500,000 EUR in its seed.
Who invested in Elea & Lili's seed?
The investors in Elea & Lili's seed are: Lifeline Ventures, Ikorni Invest.
How will Elea & Lili use the funds from its seed?
Elea & Lili plans to use the funds for: pilot production, industrial validation, early commercial launches in Europe and the US, continued development of applications across hygiene and agriculture.