case paptic: replacing plastics with the next generation of paper

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Transcript of case paptic: replacing plastics with the next generation of paper

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

P L A S T I C W A S T E I S D E S T R O Y I N G O U RO C E A N S

EUROPEAN PRODUCTION +EUROPEAN RAW MATERIALS + EUROPEAN INNOVATIONS

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