{"id":85926,"date":"2023-09-25T11:15:49","date_gmt":"2023-09-25T09:15:49","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=85926"},"modified":"2023-09-25T11:15:49","modified_gmt":"2023-09-25T09:15:49","slug":"traceless-financing-for-industrial-plant","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/traceless-finanzierung-fuer-industrieanlage\/","title":{"rendered":"Traceless secures financing for first industrial plant"},"content":{"rendered":"
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Bioeconomy startup Traceless Materials announces the closing of a \u20ac36.6 million financing round, securing the expansion of its biomaterial technology production capacity to industrial scale.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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The Series A financing round is led by the Private equity fund UB Forest Industry Green Growth Fund<\/strong> which invests in sustainable and resource-efficient forestry and bio-based industries, and complemented by SWEN Blue Ocean, which invests in sustainable and resource-efficient forestry and bio-based industries. Invest in innovations that help tackle three existential threats to ocean health<\/strong>overfishing, pollution and climate change. A local banking consortium and the company's three existing investors (Planet A, High-Tech Gr\u00fcnderfonds, b.value) also participated in the financing round.<\/p>

Traceless Materials has developed a holistically sustainable material to combat the plastic crisis. The natural biomaterial Traceless is certified fully bio-based, home-compostable and plastic-free. Thanks to the Utilisation of agricultural residues<\/strong> valuable biomass resources are conserved. The Patent-pending technology<\/strong> is based on natural polymers, contains no potentially harmful chemicals and has a minimal ecological footprint: compared to plastic, 91 per cent of CO2 emissions and 89 per cent of fossil energy requirements are saved during production and disposal.<\/p>

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\u201eBy scaling up our innovative technology, we are demonstrating that a climate-friendly, circular, resilient and regenerative industry is possible. With our novel biomaterial, we can make a significant contribution to solving plastic pollution. We are convinced that UB FIGG and SWEN are a great addition to our shareholders as they have relevant knowledge in our industry. The fact that both our investors and the banks fully support our mission was a decisive criterion for us.\u201c<\/p>

Dr Anne Lamp,<\/strong> CEO and co-founder of Traceless<\/p><\/blockquote>

In order to implement the innovative technology on an industrial scale for the first time, Traceless a demonstration plant in Hamburg<\/strong>. With this production plant, the company will replace several thousand tonnes of conventional plastic every year and at the same time save considerable amounts of CO2 emissions, fossil resources, water and agricultural land.<\/p>

\u201eTraceless\u201e approach of utilising widely available agricultural side streams to replace fossil plastics and the financial opportunities offered by their solution convinced us both economically and environmentally. The traceless team has performed extremely well in terms of material performance, development times and commercialisation of the new material. \"<\/p>

Sakari Saarela,<\/strong> Partner at UB FIGG<\/p><\/blockquote>

After the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMUV) a grant totalling five million euros<\/strong> for the construction of this demonstration plant, the Series A financing round is now complete. the second part of the financing strategy<\/strong> of the company to expand its production capacities.<\/p>

\u201eFinancing capital-intensive start-ups is still unfamiliar to many investors and banks. This makes it a particular challenge for industrial production start-ups like us that are developing the innovative technologies of tomorrow. We are delighted to have found partners in UB FIGG, SWEN Blue Ocean, Planet A, HTGF, b.value and our local banking consortium who share our vision and have recognised and understood the challenges of financing our hardware scale-up.\u201c<\/p>

Johanna Baare,<\/strong> COO and co-founder of traceless.<\/p><\/blockquote>

The company manufactures Traceless materials in the form of a granulate that can be processed with standard technologies of the plastics and packaging industry<\/strong> can be used. This means that the material can be used in a wide range of end products - from rigid moulded parts and flexible films to paper coatings or adhesives.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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(Image: Traceless)<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Founded in 2020, the team of around 40 people has set itself the goal of replacing plastics in large quantities by demonstrating for the first time that the innovative process implemented on an industrial scale<\/strong> can be realised. Parallel to the technology scale-up, the continuously growing company is developing pilot products made from Traceless materials with its customers and partners.<\/p>

Source:<\/em> Traceless Materials<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Green Packaging - More news<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tFirst\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe PaperX FibreTop Tube from the Neopac Group is the first of its kind to be certified as technically recyclable in the conventional paper stream by the renowned PTS Institute.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tFibre-based closures with plastic-like properties\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tPulPac is introducing a new generation of fibre-based closures that offer plastic-like properties. This innovation aims to reduce plastics in packaging.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tFederal Council wants to adapt packaging law to EU regulation with minimal bureaucracy\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe Federal Council wants to adapt national packaging legislation to the PPWR with minimal bureaucracy, while the industry warns of additional burdens and quota shifts.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\"rPET<\/div><\/a>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tBeverage packaging becomes lightweight\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe beverage industry is under pressure: material reduction, recyclability and regulatory requirements are driving development - and leading to new solutions along the entire value chain.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tBASF develops recyclable label adhesive for PET bottles\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tBASF has developed a labelling adhesive that is fully compatible with PET bottle recycling processes. This supports the production of high-quality recyclate and fulfils new EU requirements.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tBio-based packaging made from brewery waste\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe EU-funded BioSupPack project shows how brewery waste can be converted into high-performance bioplastics. The innovation offers new opportunities for the packaging industry.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"The bioeconomy start-up Traceless Materials has secured a financing round totalling 36.6 million euros to expand the production capacities of its biomaterial technology to an industrial scale.","protected":false},"author":20,"featured_media":85927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"Traceless Materials gibt den Abschluss einer Finanzierungsrunde in H\u00f6he von 36,6 Millionen Euro f\u00fcr die Erweiterung der Produktionskapazit\u00e4ten bekannt.","rank_math_focus_keyword":"Traceless","rank_math_title":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[114],"tags":[43,54,31,59712],"class_list":{"0":"post-85926","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aus-den-unternehmen-news","8":"tag-aus-den-unternehmen","9":"tag-kunststoff-und-verbunde","10":"tag-nachhaltigkeit-und-green-packaging","11":"tag-traceless-materials","12":"cs-entry","13":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/85926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=85926"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/85926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/85927"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=85926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=85926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=85926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}