Canada · 
Who invested in CelluFuel?
CelluFuel's investors include Innovacorp, Sustainable Development Technology Canada, Tatro Group and Boralex.
20152016201720182019
$5.0MVenture$2.0MGrant
Canada · Funded startup
Who invested in CelluFuel
Funding summaryUpdated 26 Oct 2026
$7.0Mraised across 2 rounds since 2014, from 2 sources
$5.0MVenture$2.0MGrant
- Latest round
- Grant, $2.0MAug 2019
- Biggest round
- $5.0MVenture · Sept 2014
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Venture, $5.0M Sept 2014
- Biggest round
- $5.0M Venture · Sept 2014
- Between rounds
- 4.9 years from the last two
The rounds
- Aug 2019
- Sept 2014
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
InnovacorpVC firm2rounds
Sustainable Development Technology CanadaVC firm1round
Boralexno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about CelluFuel
How much has CelluFuel raised?
CelluFuel has raised $7.0M across 2 rounds since 2014.
When did CelluFuel last raise?
CelluFuel's most recent round was a Grant of $2.0M in Aug 2019.
What was CelluFuel's biggest round?
CelluFuel's largest round on record is $5.0M (Venture), in Sept 2014.
Who backed CelluFuel first?
CelluFuel's first round on record, in Sept 2014, was backed by Innovacorp, Tatro Group and Boralex.
What stage is CelluFuel at?
CelluFuel's latest named round is a Grant, in Aug 2019.
Where is CelluFuel based?
CelluFuel is based in Canada.
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