Finnish packaging company Paptic raises €23 million Series A

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. Here are details of Paptic’s latest funding round :

🚀 Launch

2015

🏭 Industry

Packaging

🧠Management

Tuomas Mustonen

💸 Funding & Investors

  • Investment (September 2023) : €23 million (Series A)
  • Investors : European Circular Bioeconomy Fund (ECBF), Ecolab and Itochu Fibre Ltd.

🎯 Funding purpose

Growth, Product development

🌐 Country HQ

Finland

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