Paptic
Espoo, FI · 6 known investors
Paptic is a material innovation company that developed Paptic®, a fibre-based, recyclable material designed to replace plastics in packaging. Founded in 2015 and based in Espoo, Finland, it has supplied its packaging material on an industrial scale since 2018.
Founders & leadership
ET
Esa TorniainenCo-founder
KK
Karita Kinnunen-RaudaskoskiCo-founder
TM
Tuomas MustonenCo-founder
KJ
Katja JokiahoChief Sales Officer
Investors · 6
Emerald Technology Ventures AgZurich · $540K – $5.4M
European Circular Bioeconomy FundBonn · $5.5M – $16.5M
Voima VenturesHelsinki · $216K – $3.2M
European Innovation Council Fundreported
Also in the syndicate · 2
SIG InnoVenturesUB Forest Industry Green Growth Fundlead
Funding
SEC filings, press & company announcements- Undisclosed amountgrowth financing roundJan 2024
UB Forest Industry Green Growth Fund (lead), Emerald Technology Ventures, European Innovation Council Fund, SIG InnoVentures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Paptic do?
- Paptic is a material innovation company that developed Paptic®, a fibre-based, recyclable material designed to replace plastics in packaging. Founded in 2015 and based in Espoo, Finland, it has supplied its packaging material on an industrial scale since 2018.
- Who founded Paptic?
- Paptic was founded by Esa Torniainen, Karita Kinnunen-Raudaskoski, Tuomas Mustonen.
- Who are Paptic's investors?
- Paptic's investors include Emerald Technology Ventures Ag, European Circular Bioeconomy Fund, Voima Ventures, European Innovation Council Fund.
- Where is Paptic headquartered?
- Paptic is headquartered in Espoo, FI.