# GALY

> GALY is a Boston biotechnology company growing cotton and cocoa from plant cells in controlled tanks. It develops materials and ingredients for business customers, with a medical-cotton offtake agreement, fashion-sector investors and a planned transition to commercial manufacturing.

- **Founded:** 2019
- **Headquarters:** Boston, United States
- **Founders:** Luciano Bueno (Founder and CEO), Paula Elbl (Co-founder; plant biologist (historical role))
- **Products:** GALY Cotton, GALY Cocoa, Partner development
- **Notable:** H&M Foundation Global Change Award in 2020, with a €300,000 grant., LVMH Innovation Award sustainability category recognition in 2021, according to GALY’s timeline., First fabric made with GALY Cotton introduced in 2023, according to the company.

## Products & services

- **GALY Cotton** — Plant-cell-cultured cotton fiber intended for textile, medical, beauty and other applications; previously promoted as Incredible Cotton and Literally Cotton.
- **GALY Cocoa** — Cacao-derived material grown through plant-cell culture, developed for chocolate, powders, spreads, beverages and other ingredient applications.
- **Partner development** — Collaborative material and ingredient development through business partnerships and proof-of-concept work.

## Achievements

- H&M Foundation Global Change Award in 2020, with a €300,000 grant.
- LVMH Innovation Award sustainability category recognition in 2021, according to GALY’s timeline.
- First fabric made with GALY Cotton introduced in 2023, according to the company.
- Literally Cotton included in TIME’s Best Inventions of 2024.
- Silver in Consumer Food Innovations at the 2026 Edison Awards for Biocrafted Cocoa & Cotton.

## Latest updates

- **2026-05** — GALY announced its Edison silver award, a live chocolate tasting, Swiss development collaborations and plans to launch its first commercial production facility in 2026; the announcement was a plan, not confirmation of opening.
- **2024-10** — TIME named Literally Cotton one of its Best Inventions; described it as not yet commercially available at publication.
- **2024-09** — Closed a US$33 million Series B to improve cotton quality and advance toward pre-industrial scale.

## Links

- Website: https://galy.co/
- LinkedIn: https://www.linkedin.com/company/galyco
- Twitter/X: https://x.com/_galyco
- YouTube: https://www.youtube.com/@GALY_CO
- Instagram: https://www.instagram.com/galy.co/
- Facebook: https://www.facebook.com/wearegaly

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Profile page: https://yespress.io/galy
Published by YesPress — https://yespress.io
Last updated: 2026-10-03