Tech Company Financing Transactions
Elea & Lili Funding Round
Elea & Lili closed a $2.9 million Seed financing round on 3/18/2026. Investors included Lifeline Ventures and Baltiska Handels Sverige.
Transaction Overview
Company Name
Announced On
3/18/2026
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Seed
Investors
Lifeline Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale pilot production of CSA, advance industrial validation, develop first commercial diaper products, accelerate agricultural field trials, and expand the core team.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Undisclosed
Espoo, Undisclosed
Finland
Espoo, Undisclosed
Finland
Phone
Undisclosed
Website
Email Address
Overview
Elea & Lili is a deep-tech biomaterials company commercializing a new class of cellulose-based superabsorbent materials. Originating from advanced research in Finland, our technology is built to replace fossil-based superabsorbent polymers (SAP) in hygiene and agricultural applications. We combine biomaterials science, industrial-scale thinking and commercial execution to build a scalable material platform designed for global absorbent markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tatu Miettinen
Chief Technical Officer
Miika Nikinmaa
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