Series A · Circular Economy · Espoo, Finland · Founded 2015 · 40–50 employees
Paptic develops a revolutionary fiber-based, recyclable material made from wood fibers to replace plastic in packaging applications. Their Paptic® material combines properties from paper, plastics, and textiles while being fully recyclable with cardboard and compatible with existing packaging machinery. The company raised €27.5 million in growth financing in 2023 and has shipped materials to over 50 countries, working with major brands like Fazer, Stockmann, and Sokos. They aim to reach €100 million in revenue by 2026 and are targeting the massive €200 billion global flexible packaging market.
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