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High Tech Series C Founded 2014

Lactips

Lactips manufactures natural polymer solutions that reduce plastic waste by providing biosourced and biodegradable alternatives to microplastics. The company's materials are designed to integrate into existing industrial equipment, addressing ecological, health, and regulatory challenges. Founded in 2014 and headquartered in Saint Jean Bonnefonds, France, Lactips has raised approximately $36.7M in Series C funding…

📍 Saint Jean Bonnefonds, France · Advanced Materials,

Funding snapshot

Last roundSeries C
Amount$17M
Date27 November 2024
Total raised$37M
Team size40

About

Lactips manufactures natural polymer solutions that reduce plastic waste by providing biosourced and biodegradable alternatives to microplastics. The company's materials are designed to integrate into existing industrial equipment, addressing ecological, health, and regulatory challenges. Founded in 2014 and headquartered in Saint Jean Bonnefonds, France, Lactips has raised approximately $36.7M in Series C funding from investors including Blue Oceans Partners, GO CAPITAL, EIC Fund, BASF, Demeter, BNP Paribas, and Diamond Edge Ventures. The company develops water-soluble and biodegradable polymer materials from plant-based proteins for applications in agriculture, detergents, packaging, and textiles, offering industries a drop-in replacement for conventional plastics in single-use applications.

Business model

Advanced Materials > Biomaterials > Biodegradable Polymers > Bioplastics > Animal Proteins,

Packaging Tech > Sustainable Packaging > Materials > Composites

Institutional investors

Blue Oceans Partners GO CAPITAL EIC Fund BASF Demeter BNP Paribas Credit Agricole Bpifrance Diamond Edge Ventures Europa Le Village by CA BigBooster

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