The Scoop
Finnish deeptech startup Elea & Lili, a VTT spin-out, secured €2.5M in seed funding led by Lifeline Ventures to industrialize their cellulose-based superabsorbent material (CSA).
The Context
Elea & Lili's CSA offers a biodegradable alternative to fossil-based polymers used in hygiene products and agriculture. Backed by over a decade of VTT research, their innovation addresses plastic waste and microplastic pollution concerns. This aligns with growing demand for sustainable materials. Lifeline's investment signals confidence in the scalability of biomaterial technologies.