Cellaris

Company Overview

Snapshot

Founded in January 1999 by Gideon Grader, Cellaris operates with 11–50 employees. The company raised $2.4 million across one funding round. Cellaris was acquired by Carborundum Universal Limited (CUMI) in November 2014.

Business overview

Cellaris develops, manufactures, and markets ultra-light ceramic foams, registered under the trade name Lite-Cell, capable of withstanding extremely high temperatures up to 3200 degrees Fahrenheit. These non-fibrous, highly-porous products are produced using a patented technology based on sol-gel chemistry. The company's ceramic foams are suitable for applications in furnace insulation, kiln furniture, burner blocks, heating modules, catalysis, filtration, and avionic systems, serving industries such as industrial manufacturing, discrete industries, semiconductors, electronics, aerospace, industrial equipment, machinery, and energy, utilities, and waste management.

Strategic signal

In November 2014, Cellaris was acquired by Carborundum Universal Limited (CUMI). This acquisition signifies a strategic exit for Cellaris, integrating its advanced ceramic foam technology into a larger industrial entity and validating its innovative material science in the market.

Company Intelligence Q&A

When was Cellaris acquired?

Cellaris was acquired by Carborundum Universal Limited (CUMI) in November 2014.

What was the valuation of Cellaris in April 2002?

In April 2002, Cellaris was valued at $7 million during an investment round.

Which investor participated in Cellaris's May 2004 funding round?

In May 2004, Docor International Management participated in a funding round for Cellaris.

What was the total capital raised by Cellaris?

Cellaris raised a total of $2.4 million across its funding rounds.

What was the news regarding Cellaris in August 2014?

In August 2014, news reports indicated that Carborundum Universal was in the process of buying out its Israeli partner in a 51:49 joint venture, referring to Cellaris Refractories India.