traceless materials

About:

traceless materials is a circular bioeconomy startup offering a holistically sustainable alternative to conventional plastics & bioplastics

Website: https://www.traceless.eu/

Top Investors: HTGF | High-Tech Gruenderfonds, European Innovation Council, Planet A Ventures, Blue Oceans Partners, b.value AG

Description:

traceless materials is offering a holistically sustainable alternative to plastics and bioplastics. With our first-of-a-kind biomaterial it’s our mission to contribute to solving global plastic pollution. Our innovative technology filed for patent allows to use food production residues to produce materials that are compostable under natural composting conditions. While bio-based, our materials don’t compete with food nor cause land-use-change, don’t need hazardous additives or solvents and have up to 95% lower CO2 emissions. Our materials are neither chemically modified nor synthetically polymerized, therefore they will not fall under the EU Single Use Plastic Directive. Follow us on our journey, and become a part of the solution, not the pollution!

Total Funding Amount:

39M EUR

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Hamburg, Hamburg, Germany

Founded Date:

2020-01-01

Contact Email:

contact(AT)traceless.eu

Founders:

Anne Lamp, Johanna Baare

Number of Employees:

51-100

Last Funding Date:

2023-09-25

IPO Status:

Private

Industries:

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