Paptic
Espoo, FI · Founded 2015 · 43 employees · 6 known investors
Find your way into Paptic
286 people in our graph share verified history with the Paptic team — schools, employers, funds. One of them is your warm intro.
Tony Nystenunlockedknows Tuomas Mustonen · together at Aalto University (overlapped)
×4knows the team · via Teknillinen korkeakoulu-Tekniska högskolan
×6knows the team · via Aalto University
knows the team · via VTT
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
Paptic was founded in 2015 by Esa Torniainen, Karita Kinnunen-Raudaskoski, and Tuomas Mustonen.
ET
Esa TorniaineninCo-founderEsa Torniainen is co-founder of Paptic, which he built from inception to an internationally operating company, leading business development, strategy, partnerships, and commercialization. Prior to Paptic, he held business development and innovation leadership roles at VTT and KCL focused on industrial technology commercialization, and earlier held a business development position at M-real in the forest products sector.
KK
Karita Kinnunen-RaudaskoskiinCo-founderKarita Kinnunen-Raudaskoski holds an M.Sc. in organic chemistry and has worked as a senior researcher in foam technologies at VTT and KCL, with prior experience at paper mills including Enso Gutzeit and StoraEnso. She is co-founder, CRO, and CTO of Paptic, a material innovation company developing fibre-based recyclable packaging alternatives to plastics.
TM
Tuomas MustoneninCo-founderTuomas Mustonen co-founded Paptic Ltd, a material innovation company developing fiber-based recyclable packaging alternatives, and currently serves as CEO of Tovion Oy, where he advises organizations on sustainable material adoption and growth strategy.
KJ
Katja JokiahoinChief Sales OfficerKatja Jokiaho is Chief Sales Officer at Paptic, a material innovation company producing fibre-based recyclable packaging material. She brings extensive experience in packaging sector roles spanning customer relations, key account management, sales, and team leadership.
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 in 2015.
- 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.