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Cellulac
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Developer of biorefining technology that converts agricultural waste into lactic acid

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Company type Private Public ()
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Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Ireland Galway, Ireland
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Updated by Cleantech Group on 10/04/2021

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IPO INFORMATION

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Date Investors Type Amount
04/23/2012 European Commission European Commission (1)
Post-money valuation of
Cellulac has been approved for a EUR 2.8 million grant from the European Commission to commercialize its biorefining technology that converts agricultural waste into lactic acid.
Grant $3,683,440
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