Elea & Lili

Elea & Lili
Developing and industrializing cellulose-based superabsorbent materials as a fossil-free and biodegradable alternative.
About
What does Elea & Lili do?
Elea & Lili is a deeptech startup spun out of VTT Technical Research Centre of Finland. The company is focused on industrializing its proprietary Cellulose Super Absorbent (CSA) material, a sustainable and biodegradable alternative to conventional fossil-based superabsorbent polymers. Their CSA material is designed to match the performance of traditional materials while addressing environmental concerns related to plastic waste and microplastic pollution. Elea & Lili targets large-scale applicat…
What is Elea & Lili's revenue?
StartupHub estimates Elea & Lili's annual revenue at $211K (range $63K to $872K, 34% confidence), based on comparable companies in the sector.
What is Elea & Lili's valuation?
StartupHub estimates Elea & Lili's effective valuation at $10.2M (range $6.8M to $16.2M, 23% confidence), based on comparable companies in the sector.
How much funding has Elea & Lili raised?
Elea & Lili has raised a total of $3M in funding. The most recent round on record is Seed.
Where is Elea & Lili headquartered?
Elea & Lili is headquartered in Espoo, Finland.
When was Elea & Lili founded?
Elea & Lili was founded in 2026.
What industry does Elea & Lili operate in?
Elea & Lili operates in Biotechnology, Materials Science, Sustainability, Chemicals, Agriculture, Hygiene Products.
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