Celularity Announces Over $10 Million Initial Financing Closing as Part of Up to $28 Million Recapitalization to Accelerate Growth Following Significant Operating Improvements

Celularity closed an initial $10 million financing as part of a recapitalization that could raise up to $28 million. The company said the capital supports its growth plans and targets positive operating cash flow by Q1 2027, improving its funding runway but leaving execution and future financing dependent on achieving that target.