Paptic Ltd
Revolutionary, environmental new material replacing plastic #renewable #recyclable #reusable #sustainable
Revolutionary, environmental new material replacing plastic #renewable #recyclable #reusable #sustainable
Paptic Ltd is a Finnish company established in 2015, offering a revolutionary wood-based material as a sustainable alternative to plastic packaging. Their slogan "#renewable #recyclable #reusable #sustainable" highlights their commitment to environmentally friendly solutions. Paptic's focus on technology for sustainable development and marketing of wood-based renewable and recyclable products positions it at the forefront of the packaging industry's transformation.
The company's recent funding round on 17th January 2024 secured a significant investment of €4.50M from the UB Forest Industry Green Growth Fund, demonstrating the investor confidence in Paptic's innovative approach. With its headquarters in Finland, Paptic is reshaping the landscape of the manufacturing and renewable energy industries with its forward-thinking products and commitment to sustainability.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | €4.50M | 1 |
|
17 Jan 2024 |
| Series A | €27.50M | 7 |
|
04 Sep 2023 |
| Debt Financing | €10.00M | 1 |
|
04 Sep 2023 |
| Grant | €2.49M | 1 |
|
21 Oct 2022 |
| Grant | Unknown | 1 |
|
21 Oct 2022 |
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