Announced
Completed
Synopsis
European Circular Bioeconomy Fund, a venture capital fund, led a €23m in Paptic, a growth company manufacturing wood fibre-based packaging materials, with participation from Ecolab and Itochu Fibre. “Our rapid progress from a startup to a high-growth company, with Paptic materials in use by over 100 customers globally, has made us an appealing investment opportunity and we are delighted to welcome our new international investors to join us. A cornerstone of our operation is to work in accordance with the principles of circular economy, to this end, we support our customers to replace plastics in various flexible packaging applications. Expanding our global shareholder base was one of the targets of this round, and I am very satisfied with the outcome,” Tuomas Mustonen, Paptic CEO and Co-Founder.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Seller Team (8)
Bidder Team (3)
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
All rights reserved. Copyright © 2025 Datasite