Cellulose-based macroinitiators with predetermined number of initiation sites were synthesized by acylation of microcrystalline cellulose AVICEL PH-101 with 2-bromoisobutyryl bromide under homogeneous reaction conditions in the N,N-dimethylacetamide/LiCl solvent system. The influence of different methods of cellulose activation on acylation efficiency and reproducibility was investigated. Best results were obtained using thermal activation under reduced pressure or the newly introduced protocol based on solvent exchange to 1,4-dioxane. Prepared macroinitiators were used for grafting with styrene and methyl methacrylate (MMA) using optimized atom transfer radical polymerization reaction conditions to achieve well-controlled polymerizations with high initiation efficiency. For MMA grafting, the initiation efficiency was shown to be dependent on certain reaction conditions, such as type of solvent, monomer concentration, or the presence of a sacrificial initiator. In addition, single-electron transfer liv-ing radical polymerization with Cu(0) as the catalyst was used for the first time to prepare cellulose-graft-polystyrene and cellulose-graft-poly(MMA) copolymers in a homogeneous phase. In summary, homogeneous reaction conditions, stoichiometric control in the preparation of macroinitiators, and controlled grafting jointly allowed for an extensive control of copolymers architecture, that is, density of grafting, composition, and molecular parameters of grafts. Moreover, some of the prepared copolymers were characterized by static and dynamic light scattering and microscopic techniques (transmission electron microscopy and atomic force microscopy).