GALY Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 85

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $33M

  • Investors
  • 36

GALY General Information

Description

Developer of biomaterials designed to find alternative ways to produce natural fabrics. The company grows cotton from cells in a laboratory using a proprietary method that removes the need for farmland, minimizes water usage, and avoids pesticides and insecticides, enabling clothing brands and textile industries to access a sustainable, traceable, and ethical raw material with a lower environmental impact.

Contact Information

Website
www.galy.co
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 100 Hood Park Drive
  • Boston, MA 02129
  • United States
+1 (781)
Primary Industry
Synthetic Textiles
Other Industries
Environmental Services (B2B)
Other Textiles
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • 100 Hood Park Drive
  • Boston, MA 02129
  • United States
+1 (781)

GALY Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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GALY Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series B) 09-Jul-2024 $33M Completed Generating Revenue
6. Accelerator/Incubator Completed Generating Revenue
5. Accelerator/Incubator Completed Generating Revenue
4. Secondary Transaction - Private 01-Jul-2022 Completed Generating Revenue
3. Early Stage VC (Series A) 30-Mar-2022 Completed Generating Revenue
2. Accelerator/Incubator 09-Oct-2020 $353K $353K Completed Generating Revenue
1. Accelerator/Incubator 20-Nov-2019 Completed Generating Revenue
To view GALY’s complete valuation and funding history, request access »

GALY Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A-7
Series A-6
Series A-5
Series A-4
Series A-3
Series A-2 1,666,666 $0.000010 $0.06 $0.06 1x $0.06 3.54%
Series A-1 9,548,113 $0.000010 $2.74 $2.74 1x $2.74 20.3%
To view GALY’s complete cap table history, request access »

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GALY Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of biomaterials designed to find alternative ways to produce natural fabrics. The company grows cotton from ce
Synthetic Textiles
Boston, MA
85 As of 2025

Espoo, Finland
 

Jyvaskyla, Finland
 
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GALY Competitors (2)

One of GALY’s 2 competitors is Infinited Fiber, a Venture Capital-Backed company based in Espoo, Finland.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Infinited Fiber Venture Capital-Backed Espoo, Finland
Spinnova Formerly VC-backed Jyvaskyla, Finland
You’re viewing 2 of 2 competitors. Get the full list »

GALY Patents

  • 14

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 11

    Pending

  • Expiring in next 12 mo

GALY Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230407247-A1 Device and method for growing plant cells in liquid culture Pending 17-May-2022
EP-4281576-A1 Cell lines, varieties, and methods for in vitro cotton fiber production Pending 15-Jan-2021
EP-4281576-A4 Cell lines, varieties, and methods for in vitro cotton fiber production Pending 15-Jan-2021
AU-2021370966-A1 Cell lines, varieties, and methods for in vitro cotton fiber production Pending 26-Oct-2020
EP-4232559-A1 Cell lines, varieties, and methods for in vitro cotton fiber production Pending 26-Oct-2020 C12P19/04
To view GALY’s complete patent history, request access »

GALY Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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GALY Investors (36)

Investor Name Investor Type Holding Investor Since Participating Rounds
Apollo Projects Venture Capital Minority
Breakthrough Energy Impact Investing Minority
Build Collective Venture Capital Minority
Eighty Eighty Group Family Office Minority
Endeavor Promessas Accelerator/Incubator Minority
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GALY FAQs

  • When was GALY founded?

    GALY was founded in 2019.

  • Where is GALY headquartered?

    GALY is headquartered in Boston, MA.

  • What is the size of GALY?

    GALY has 85 total employees.

  • What industry is GALY in?

    GALY’s primary industry is Synthetic Textiles.

  • Is GALY a private or public company?

    GALY is a Private company.

  • What is the current valuation of GALY?

    The current valuation of GALY is .

  • What is GALY’s current revenue?

    The current revenue for GALY is .

  • How much funding has GALY raised over time?

    GALY has raised $65M.

  • Who are GALY’s investors?

    Apollo Projects, Breakthrough Energy, Build Collective, Eighty Eighty Group, and Endeavor Promessas are 5 of 36 investors who have invested in GALY.

  • Who are GALY’s competitors?

    Infinited Fiber and Spinnova are competitors of GALY.

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