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Environment Tech Series C Founded 2016

Sulapac

Sulapac manufactures bio-based and biodegradable plastic alternatives, offering sustainable replacements for conventional plastics across applications including cosmetics packaging, food service, and 3D printing. The company's materials are compatible with existing plastic processing machinery, facilitating smooth transitions for manufacturers without requiring new equipment. Its materials fully biodegrade without…

📍 Helsinki, Finland · Solid Waste Management Tech,

Funding snapshot

Last roundSeries C
Amount$6M
Date30 May 2023
Total raised$24M
Team size28

About

Sulapac manufactures bio-based and biodegradable plastic alternatives, offering sustainable replacements for conventional plastics across applications including cosmetics packaging, food service, and 3D printing. The company's materials are compatible with existing plastic processing machinery, facilitating smooth transitions for manufacturers without requiring new equipment. Its materials fully biodegrade without leaving microplastics behind. Founded in 2016 and headquartered in Helsinki, Finland, Sulapac has raised approximately $24.1M in Series C funding from investors including Lifeline Ventures, Chanel, EIC Fund, Nefco, Nissha, Sky Ocean Rescue, Bonnier Capital, and Ardent Venture Partners. The company provides both raw materials and ready-made products through partner networks, enabling brands to replace conventional plastic packaging with biodegradable alternatives made from renewable materials including wood and plant-based binders.

Business model

Advanced Materials > Biomaterials > Biodegradable Polymers > Bioplastics > From Waste,

Solid Waste Management Tech > Recycling > Organic Waste Conversion > Wood Waste > Bioplastics,

Packaging Tech > Sustainable Packaging > Materials > Diversified

Institutional investors

Lifeline Ventures Businessfinland Ardent Venture Partners EIC Fund Nefco Europa Chanel Sky Ocean Rescue Mousse Investments Bonnier Capital Springvest Nissha PowerBank Ventures Mika Ihamuotila Eerik Paasikivi

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