Cellarim Labs raises seed round led by 3i Partners and Venture Catalysts

Cellarim Labs, a biotechnology startup working on cell free biomanufacturing for beauty and personal care ingredients, has raised Rs 6 crore in a seed funding round co led by 3i Partners and Venture Catalysts. The round also saw participation from Momentum Capital, Jashan Bhumkar, Gayathri Kuppendra Reddy, and other investors.

The proceeds will be used to set up a pilot scale biomanufacturing facility, accelerate commercial production of NeuHyal™, and expand its B2B ingredient supply to beauty and cosmetic brands, Cellarim Labs said in a press…