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CELLFOR

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Forest biotechnology company producing somatic embryos of loblolly pine seedlings

Vancouver, CanadaFounded 1999Energy

Valuation $100–250M Last recorded · 2007

Headcount <100 Current team size

Total funding $100–500M Disclosed equity funding

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About CELLFOR

Cellfor is a pioneering company in the cellulose production industry, focusing on the use of hemp as a sustainable alternative to traditional wood fiber pulping. The company serves clients in various sectors that require high-quality cellulose, such as packaging, textiles, and bio-composites. Operating in the Canadian market, Cellfor aims to disrupt the cellulose industry by leveraging the unique properties of hemp, which include lower production costs and reduced environmental impact. The business model revolves around the production and sale of hemp-based cellulose, as well as licensing its proprietary technology to other manufacturers. Revenue is generated through direct sales of cellulose products and licensing fees. Cellfor's facility in Saskatchewan is set to begin production in Q4 2023, marking the first operational hemp fiber plant in Canada. The company emphasizes energy efficiency, water preservation, and sustainability in its operations, making it a compelling choice for eco-conscious clients.

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At a glance

Status: Closed
Founded: 1999
Headquarters: Vancouver, Canada
Employees: 14
Open positions: None listed
Dealroom signal: 0.0/100
Industry: Energy
Sector: Energy, Hard Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
FundingOther financing	Jul 2010	$48M	—	Capricorn Investment Group	—
LATE VCOther financing	Nov 2007	$25M	$98M	Undisclosed	—

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Growth signals

CELLFOR website traffic

Latest recorded traffic for CELLFOR is 0 monthly website visits. CELLFOR's team grew 7.7% over the past year.

Latest monthly visits0 1-year team growth+7.7%

Monthly website visitsApr 2016–Mar 2017

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