Revolutionary new material made of wood fibres, enabling sustainable companies to shift from plastics to renewable, recyclable and re-usable packaging materials.
Paptic focuses on technology for sustainable development as well as the sales and marketing of wood-based renewable and recyclable products. Paptic is targeting to revolutionize the packaging industry by novel wood based products.
Paptic Ltd was founded in April 2015. The company is based in Espoo, Finland and employs today 15 people.
Paptic focuses on technology for sustainable development as well as the sales and marketing of wood-based renewable and recyclable products. Paptic is targeting to revolutionize the packaging industry by novel wood based products.
Paptic Ltd was founded in April 2015. The company is based in Espoo, Finland and employs today 15 people.
Location: Finland, Mainland Finland, Espoo
Employees: 11-50
Total raised: $54.86M
Founded date: 2015
Investors 5
| Date | Name | Website |
| - | Lafayette ... | lafayettep... |
| - | Plug and P... | plugandpla... |
| 30.01.2024 | Emerald | emerald.vc |
| 11.06.2025 | Tesi | tesi.fi |
| - | Proxy Vent... | proxy.vc/ |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 17.01.2024 | - | $29.86M | - |
| 08.09.2023 | Series A | $25M | - |
Mentions in press and media 10
| Date | Title | Description |
| 04.07.2024 | Finland: Sustainability and innovation for shaping global technology trends | Fueled by a combination of world-class education, a strong culture of research and development, and government support, Finland has cultivated a dynamic environment for startups and established tech companies alike. From pioneering advancem... |
| 17.01.2024 | Finnish Paptic closes €27.5M round to accelerate its global growth | Finnish Paptic closes €27.5M round to accelerate its global growth 17 January, 2024, 17:41 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> Paptic, a Finland-based manufacturer of ... |
| 17.01.2024 | UB FIGG led second part of EUR 27.5 million investment round in Paptic | UB FIGG led second part of EUR 27.5 million investment round in Paptic Wed, Jan 17, 2024 10:00 CET Report this content United Bankers Plc PRESS RELEASE 17 January 2024 at 11.00 EET UB FIGG led second part of EUR 27.5 million investment roun... |
| 08.09.2023 | Paptic raises US $ 24.6 million for global expansion of sustainable packaging | Image Courtesy : Gettypic Helsinki-based Paptic has secured an impressive US $ 24.6 million to fuel its mission of revolutionising sustainable packaging materials. With its unique foam-based manufacturing technology, the company aims to dis... |
| 07.09.2023 | The Week in AgriFoodTech: Toray’s $8bn foray into biomass tech, Paptic lands $25m, Israeli agrifoodtech heats up The Kitchen | This week, materials manufacturer Toray announced a mega-investment in cellulosic sugar and Finland’s Paptic secured funds to expand its sustainable materials portfolio. Meanwhile, Israeli agrifoodtech startups were all over the news this w... |
| 04.09.2023 | Finnish startup Paptic raises €23M to accelerate the development of packaging materials | Finnish startup Paptic raises €23M to accelerate the development of packaging materials 04 September, 2023, 12:10 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Paptic, a ... |
| 04.09.2023 | Finnish packaging company Paptic secures €23 million Series A to expand its sustainable materials portfolio | - |
| 04.09.2023 | Espoo-based Paptic bag €23M for fibre-based packaging materials to promote sustainability in packaging industry | Read this article in: Espoo, Finland-based Paptic, a producer of sustainable packaging material, announced on Monday that it has secured €23M in a Series A round of funding. The round was led by the European Circular Bioeconomy Fund (ECBF),... |
| 16.04.2021 | ITOCHU CORPORATION ITOCHU : Announces Use of New Material PAPTIC in Packaging of ROSE GALLERY's Mother's Day Rose Bouquets | ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter 'ITOCHU') announced today that PAPTIC, a new type of material developed in Finland and handled by ITOCHU, was selected by ROSE GALLERY as t... |
| 10.03.2016 | 5 Finnish bioeconomy innovations to watch out for | It has been calculated that, as a result of population growth, the Earth will require 50% more food, 45% more energy and 30% more water by the year 2030. The environment can no longer tolerate production processes that place a burden on it,... |