Cellugy, a Danish biotech company, has received an €8.1 million grant from the EU’s LIFE Programme to scale up production of its biofabricated cellulose-based material, EcoFLEXY. The material is designed to replace fossil-based carbomers in cosmetics, which are often considered microplastics. Over four years, the BIOCARE4LIFE project will work on scaling up production, optimizing processes, and commercial validation. EcoFLEXY is said to reduce environmental pollution, provide superior product performance, and offer scalable and efficient manufacturing. The project aims to prevent the release of 259 tons of microplastics annually and increase to 1,289 tons per year by 2034. Cellugy’s CEO, Dr. Isabel Alvarez-Martos, stated that the grant will help transform the company’s vision into reality, expecting significant revenue and environmental impact within three to five years. The project will be driven by a specialist consortium of experts in biotechnology, sustainability, and data management, with the goal of delivering high-quality, bio-based solutions that outperform petrochemicals.
Cellugy raises €8.1M for innovative bio-based solution to eliminate microplastics in personal care products – vegconomist
