PaperShell is a Swedish manufacturing startup founded in 2021 with a mission to save paper from being wasted on single-use items by utilizing scientific and artistic techniques to engineer paper back into wood. The company's focus lies in creating sustainable biotech solutions and upgrading materials in products like press molded veneer, plastics, fiber composites, and sheet metals. Embracing the concept of a circular bio-economy, PaperShell aims to maximize its sustainable impact by striving for net-zero and carbon-positive operations while collaborating with like-minded individuals and organizations. The startup stands out by putting its emphasis on taking actionable steps rather than participating in discussions, workshops, or conceptual projects. They are dedicated to industrializing the scale-up process alongside global Fortune 500 companies and avant-garde brands, driven by the urgency to achieve the goals set within Agenda 2030, COP 21, and COP 15. With a clear vision of combining science and art to support nature through actionable measures, PaperShell positions itself at the intersection of sustainability, innovation, and industrial revolution ideals. In May 2022, PaperShell secured a noteworthy kr89.00M funding round, signaling confidence from investors in their ambitious vision. Although the specific investors were not disclosed, this investment serves as a testament to the company's potential as a pioneering force in the sustainability-focused manufacturing landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
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Funding Round | kr89.00M | - | 01 May 2022 | |
Funding Round | kr20.20M | - | 01 Nov 2021 | |
Funding Round | kr4.90M | - | 01 Jul 2021 |