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Sulapac

Energy · Helsinki, Finland · Founded 2016

Biodegradable packaging material innovation made out of wood MoreLess

Sulapac is a pioneering startup focused on providing sustainable and fully biodegradable alternatives to conventional plastic. The company operates in the eco-friendly materials market, targeting businesses that are keen on reducing their environmental footprint. Sulapac's primary clients include brands and manufacturers across various industries such as cosmetics, food, and consumer goods, who are looking to replace traditional plastic with more sustainable options.

Sulapac's business model revolves around developing and supplying innovative materials that mimic the properties of plastic but are made from natural, biodegradable components. These materials are designed to be both functional and aesthetically pleasing, ensuring that they meet the high standards of their clients. The company generates revenue by selling these sustainable materials to businesses that incorporate them into their products, such as packaging and straws.

The market Sulapac operates in is growing rapidly as more companies and consumers become aware of the environmental impact of plastic waste. By offering a viable alternative that does not compromise on quality or usability, Sulapac is well-positioned to capitalize on this trend. The company also engages in partnerships and collaborations with other organizations committed to sustainability, further expanding its reach and influence.

In summary, Sulapac is a forward-thinking company dedicated to combating plastic waste by providing biodegradable alternatives to traditional plastic. It serves a diverse range of clients in the eco-friendly materials market, leveraging a business model that focuses on innovation and sustainability to generate revenue.

Keywords: sustainable, biodegradable, plastic alternative, eco-friendly, materials, packaging, cosmetics, food, consumer goods, innovation.

Company overview

Sulapac company information

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

Status
Operational
Founded
2016
Headquarters
Helsinki, Finland
Employees
28
Open positions
None listed
Dealroom signal
65.2
client focusb2bsub industryWaste Solutionsub industryFood Logistics & Deliverybusiness modelManufacturingsectorBiotechnologysectorBiomaterialssectorBiodegradablesectorPackaging and ContainerssectorInjection MoldingsectorEcological PackagingsectorPlasticsectorWaste ReductionsectorFood WastesectorPackaging Solutions

Valuation & funding

Sulapac funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Apr 2023 $0 Nordic Environment Finance Corporation
SERIES BEquity / VC Dec 2019 $17M $66M Lifeline Ventures · Sky Ocean Ventures · Mousse Partners · Bonnier Capital
GRANTOther financing Nov 2018 $3M Undisclosed
GRANTOther financing Jul 2018 $2.1M European Innovation Council
EARLY VCEquity / VC May 2018 $0 Lifeline Ventures · Saara Kankaanrinta · Business Finland · Ilkka Herlin
EARLY VCEquity / VC Apr 2017 Saara Kankaanrinta · Valve Ventures · Lifeline Ventures · Wavemaker Partners
Showing 6 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 $2.4M 0% −$6M -256% −$6M -255.4% $2.2M
2025 $2.4M 0% −$6M -256% −$6M -255.4% $2.2M
2024 $2.4M +0.8% −$6M -256% −$6M -255.4% $2.2M
2023 $2.3M +2.2% −$6M -257.9% $2.2M
2022 $2.3M +38.4% −$6M -263.6%
2021 $1.7M +43% −$3.8M -227.5%
2020 $1.2M −$3.9M -338.9%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Sulapac website traffic

Latest recorded traffic for Sulapac is 14K monthly website visits, up 0% over the last three months. Sulapac's team declined 9.7% over the past year.

Latest monthly visits14K 3-month web change0% 1-year team growth-9.7%
Monthly website visits116 observations · Nov 2016–Jul 2026
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Comparisons

Sulapac 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

Sulapac's talent

Book a demo to see the people
Team profiled 13 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

20 investors on Sulapac's cap table

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

Seed 1 investor entered at this stage
European Innovation Council
Series A 14 investors entered at this stage
Saara Kankaanrinta
Valve Ventures
Lifeline Ventures
Wavemaker Partners
Eerik Paasikivi
Ilkka Herlin
Business Finland
Varead Group
Mika Ihamuotila
Planvest
Chanel
Sky Ocean Ventures
Mousse Partners
Bonnier Capital
Series B+ 1 investor entered at this stage
Nordic Environment Finance Corporation
Other known 4 additional known investors
Planet Fund
PowerBank Ventures
Springvest
Teemu Kaltea

Global footprint

Where Sulapac has talent and traffic

Workforce by country
1 countries with
team presence
🇫🇮 Finland100%
1 country shown

In the news

Latest news about Sulapac

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

See all news

Market sentiment

What the market is saying about Sulapac

An AI-synthesized read of the highest-engagement posts about Sulapac 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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