Seed · Circular Economy · Tallinn, Estonia · Founded 2021 · 11–50 employees
RAIKU manufactures a 100% natural, chemical-free packaging material made from wooden springs as a sustainable alternative to plastic bubble wrap. Their proprietary thermo-mechanical process is highly resource-efficient, expanding raw wood volume up to 20 times while using significantly less water and energy than paper production. In late 2024, the company secured a 2.3 million EUR seed extension round alongside 4.7 million EUR in grant funding to scale operations. The startup has built partnerships with major global brands, participating in both the LVMH and L'Oréal Sustainable Innovation accelerators to pilot its compostable packaging solutions.
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