Post on 03-May-2023
K a r i t a K i n n u n e n - R a u d a s k o s k i
C o - f o u n d e r , C R O
w w w . p a p t i c . c o m
T w i t t e r @ p a p t i c l t d
W W W . P A P T I C . C O M
T W I T T E R @ P A P T I C L T D
C A S E P A P T I C :R E P L A C I N G P L A S T I C S W I T H T H E N E X T G E N E R A T I O N O F P A P E R
JOBS
T H R E E C O R N E R S O F E U R O P E A N B I O E C O N O M Y
I N N O V A T I O N
R A WM A T E R I A L S
P R O D U C T I O N
Source: Luke, 11.7. 2016
FINLANDThe country of thousands lakes and
forest
Annual growth 105 million m3
Industrial raw wood59 million m3
EUROPEAN RAW MATERIALS +EUROPEAN PRODUCTION + EUROPEAN INNOVATIONS
R E P L A C I N G P L A S T I C S W I T H T H E N E X T G E N E R A T I O N O F P A P E R
Revolutionary new material
made of wood fibres,enabling sustainable brands and retailersto shift from non-degradable plastics torenewable, recyclable andre-usable material.
EUROPEAN INNOVATIONS +EUROPEAN PRODUCTION + EUROPEAN RAW MATERIALS
100 µm100 µm100 µm100 µm
04
1615
09
1719
T H E R O L E O F R E S E A R C H A N D E UF U N D I N G I N I N N O V A T I O N
2019 –Industrial demo factory in operation
2017 Series A 10 M€
2016 Bridge 0.8 M€+ EU 2.2 M€Pilot plant in operationFirst market launch
2015 Paptic LdtSeed 1.1 M€
2009 Pilot trialsEU, Tekes andIndustrial funding
2004 First experiments of the foam technology
2017
2015
G R E E N J O B S @ P A P T I C
Paptic team of 10
European raw material suppliers
Paptic founder team of 3
Product converters
Scale-up