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Jellagen

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Jellyfish-derived collagen biomaterials for regenerative medicine applications

Cardiff, United KingdomFounded 2013Biotech & Life Sciences
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Jellagen

Jellagen is a medical biotechnology company founded in 2013 by Alex Paul Muhlholzl and Andrew Mearns Spragg, a marine biotechnologist. The company manufactures next-generation, medical-grade collagen biomaterials derived from jellyfish. Operating from Cardiff, Wales, Jellagen has developed a proprietary manufacturing process to extract and purify what it has designated 'Collagen Type 0'. This marine-derived collagen serves as a safer, more versatile, and ethically sourced alternative to traditional mammalian collagens, which carry risks of disease transmission.

The company's business model is centered on developing and commercializing these sustainable biomaterials for a variety of applications. Its primary markets are in regenerative medicine, tissue engineering, and scientific research. Jellagen provides research-grade products, such as its JellaGel™ hydrogel, for 2D and 3D cell culture, enabling scientists to grow cells in an environment that mimics natural conditions. For the medical market, the company is developing clinical-grade formulations for therapeutic uses, including advanced wound care, skin reconstruction, and implantable medical devices. Revenue is generated through the sale of its research products and by establishing partnerships with pharmaceutical and medical device companies to co-develop and license its collagen technology for clinical applications.

Jellagen has secured significant funding to advance its research and development programs toward human trials and regulatory approval. The company has raised a total of $21.3 million over six rounds, with the latest being a Series A round in December 2022 that raised £8.7 million ($10.6M). Key investors include the Development Bank of Wales, Cardiff Capital Region, and Thai Union Group, a major seafood industry leader. This funding is aimed at scaling up its manufacturing, which operates under ISO 13485:2016 certification, and accelerating the development of its product pipeline.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Cardiff, United Kingdom
Employees
15
Open positions
None listed
Dealroom signal
79.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Marine, Blue Economy, Blue Biotechnology, Longevity, DT and LS, rio ai health
Technology
Hardware, 3D Technology, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Jun 2024 $361K — UK Research and Innovation —
SERIES A✓Equity / VC Dec 2022 $11M $46M Development Bank of Wales · Cardiff Capital Region ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Jellagen website traffic

Latest recorded traffic for Jellagen is 8.2K monthly website visits, up 13.9% over the last three months. Jellagen's team grew 15.4% over the past year.

Latest monthly visits8.2K 3-month web change+13.9% 1-year team growth+15.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • London Business Angels
  • Angels in MedCity
  • Newable Private Investing
  • Xenos
  • Finance Wales
  • Development Bank of Wales
  • UK Research and Innovation

Series A1 investor entered at this stage

  • Cardiff Capital Region
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇬🇧 United Kingdom75%
🇫🇷 France8.3%
🇨🇭 Switzerland8.3%
🇺🇸 United States8.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Jellagen on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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