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Paptic

Energy · Espoo, Finland · Founded 2015

A revolutionary new material made of wood fibres, enabling companies to shift from plastics to renewable, recyclable and reusable packaging materials MoreLess

Manufacturer of wood-based plastic bags intended to address global environmental challenges, plastic waste accumulation in the environment. The company's bags combine the renewability and recyclability of paper with the functionality of plastics, enabling customers to attain a sustainable environment without hampering their daily requirements for plastic bags. Keywords: New Materials and Construction, Carrier Bags, Carry Bags, Circular Economy, Fiber-Based Materials, Flexible Packaging, Non Plastic Bags, Recyclable Packaging Material, Replacing Plastic, Resources Efficient, Sustainable Materials, Sustainable Packaging, Wood Fibre.

Valuation $100–500M
Revenue $1–10M
Headcount <100
Total funding $10–50M
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Company overview

Paptic company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2015
Headquarters
Espoo, Finland
Employees
45
Open positions
None listed
Dealroom signal
63.8
client focusb2btechnologyHardwaretechnologyDeep Techsub industryWaste Solutionbusiness modelManufacturingsectorRecyclingsectorBiotechnologysectorHorticultural ProductssectorWoodsectorBiomaterialssectorBiodegradablesectorPackaging and ContainerssectorEcological PackagingsectorSpinout

Valuation & funding

Paptic funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Dec 2023 $5M $127M Emerald Technology Ventures · EIC Fund · SIG InnoVentures · UB Forest Industry Green Growth Fund
SERIES AEquity / VC Sep 2023 $25M $101M Ecolab · ITOCHU · EIC Fund · European Circular Bioeconomy Fund
GRANTOther financing Oct 2022 $0 Undisclosed
EARLY VCEquity / VC Jun 2022 $0 EIC Fund
GRANTOther financing Jun 2022 $2.5M European Innovation Council
EARLY VCEquity / VC Sep 2021 ITOCHU
SEEDEquity / VC May 2020 Undisclosed
SEEDEquity / VC Aug 2015 VTT Ventures · Proxy Ventures · Besodos Investors
SUPPORT PROGRAMOther financing Jul 2015 La Maison des Startups by LVMH
SPINOUTOther financing Jan 2015 VTT Technical Research Centre of Finland
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $6.8M 0% −$1.8M -26.2% −$3.3M -48.9% $2.2M
2025 $6.8M 0% −$1.8M -26.2% −$3.3M -48.9% $2.2M
2024 $6.8M -14.8% −$1.8M -26.2% −$3.3M -48.9% $2.2M
2023 $8M -32.6% −$1.8M -22.3% $2.2M
2022 $12M +224.5% −$1.8M -15.1%
2021 $3.7M +154.4% −$1.8M -48.8%
2020 $1.4M −$1.7M -119.4%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Paptic website traffic

Latest recorded traffic for Paptic is 7.3K monthly website visits, up 135.5% over the last three months. Paptic's team declined 13.5% over the past year.

Latest monthly visits7.3K 3-month web change+135.5% 1-year team growth-13.5%
Monthly website visits78 observations · Dec 2019–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Paptic compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Paptic's talent

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Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 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.

Investors

21 investors on Paptic's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
VTT Ventures
Proxy Ventures
Besodos Investors
European Innovation Council
Series A 8 investors entered at this stage
ITOCHU
EIC Fund
Ecolab
European Circular Bioeconomy Fund
Finnish Climate Fund
UB Forest Industry Green Growth Fund
Emerald Technology Ventures
SIG InnoVentures
Other known 9 additional known investors
La Maison des Startups by LVMH
VTT Technical Research Centre of Finland
Fashion For Good
Lafayette Plug and Play
Marko Parkkinen
Plug and Play
Springvest
Tesi
Voima Ventures

Global footprint

Where Paptic has talent and traffic

Workforce by country
10 countries with
team presence
🇫🇮 Finland69.7%
🇫🇷 France6.1%
🇪🇸 Spain3%
🇬🇧 United Kingdom3%
🇪🇪 Estonia3%
Top 5 of 10 shown

In the news

Latest news about Paptic

Recent press, funding announcements, and product moves mentioning Paptic — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Paptic

An AI-synthesized read of the highest-engagement posts about Paptic on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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