Hamburg-based traceless secures €36.6 million to build first industry plant for bio-circular alternative to plastic

Bioeconomy startup traceless, which produces a natural biomaterial as an alternative to plastic, announces the completion of a €36.6 million funding round. The Series A funding round is led by private equity fund UB Forest Industry Green Growth Fund (“UB FIGG”), which invests in sustainable and resource-efficient forest and bio-based industries, and complemented by SWEN…

This content is for members only. Visit the site and log in/register to read.

The post Hamburg-based traceless secures €36.6 million to build first industry plant for bio-circular alternative to plastic appeared first on EU-Startups.

Leave a Comment

Your email address will not be published. Required fields are marked *