PackBenefit is a company based in Valladolid, Spain, positioned as a main transformation actor in the sustainable biopackaging technology space for the food industry. The company was founded in 2013 and has emerged as a leading innovator in the field.
PackBenefit's unique product, 100% compostable coated virgin cellulose-base trays, stands out for its superior performance compared to other solutions in the market. This innovative technology is a significant step towards making the food biopackaging sector more sustainable. The company is competing against mineral-based materials, offering unparalleled product features that set them apart from other market players.
The development of cellulose trays signifies the next wave of biopackaging innovation for fresh food and ready meals. PackBenefit has been at the forefront of this development, thanks to investments and a pioneering spirit that has driven significant improvements in the technology to produce trays from cellulose.
PackBenefit's mission revolves around delighting customers through an outstanding range of products and services that align with their three main pillars: Sustainability, Food safety, and Reducing food waste. This commitment to values has attracted significant attention from investors, with the latest Private Equity Round investment coming on 07 April 2021. The investors in this round included Circularity Capital, JZ International, and AXA Investment Managers.
With a strong focus on sustainability and a clear strategy for innovation in the food biopackaging sector, PackBenefit presents an exciting opportunity for potential investors looking to support companies driving positive change in the industry.
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