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PaperShell

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Sustainable B2B components from bio carbon, replacing fossil materials with high-tech, long-lasting solutions

Tibro, SwedenFounded 2021Energy
Valuation $100–250M Last recorded · 2025
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PaperShell and the history behind them.

About PaperShell

PaperShell AB, founded in 2021, is a Swedish company focused on creating sustainable, high-tech B2B components derived from wood and plant-based ingredients. Operating within the circular economy, PaperShell aims to replace fossil-based materials with bio carbon solutions that do not compromise on performance or balance. The company collaborates closely with scientists and the Research Institute of Sweden (RISE) to develop components that store bio carbon, contributing to a local and circular biobased society. PaperShell's business model involves co-development projects and R&D at its pilot plant in Tibro, Sweden, with a production capacity of 60,000 components per year. In 2023, the company plans to launch a highly automated factory capable of producing 700,000 components annually. PaperShell's diverse team, with strong industrial, entrepreneurial, and design backgrounds, is committed to scaling operations and creating value for clients who share their sustainability goals. The company targets businesses seeking eco-friendly alternatives to traditional materials, leveraging its expertise in design, science, and industrial technology to drive the transition towards sustainable resource management.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Tibro, Sweden
Employees
34
Open positions
None listed
Dealroom signal
88.2/100
Industry
Energy
Sector
Energy, EIT Ecosystem, Horizon Europe
Business model
Manufacturing
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Mar 2026 $44M — EU Innovation Fund ↗
EARLY VCOther financing Dec 2025 $18M $73M DNB Asset Management · Kistefos · Course Corrected ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

PaperShell website traffic

Latest recorded traffic for PaperShell is 2K monthly website visits, up 614.3% over the last three months. PaperShell's team grew 13.3% over the past year.

Latest monthly visits2K 3-month web change+614.3% 1-year team growth+13.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • EU Innovation Fund

Series A3 investors entered at this stage

  • DNB Asset Management
  • Kistefos
  • Course Corrected
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇸🇪 Sweden83.3%
🇳🇴 Norway8.3%
🇮🇹 Italy4.2%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PaperShell on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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