About Paptic
Paptic is a company based in Espoo (Finland) founded in 2015 by Tuomas Mustonen, Esa Torniainen, and Karita Kinnunen-Raudaskoski.. Paptic has raised $30.86 million across 6 funding rounds from investors including Ecolab, ITOCHU and European Union. Paptic offers products and services including Paptic®, Paptic Sterna®, Paptic Perdix®, and Paptic Tringa®. Paptic operates in a competitive market with competitors including Bambrew, Cirkla, Amwoodo, BioPak and envoPAP, among others.
- Headquarter Espoo, Finland
- Founders Tuomas Mustonen, Esa Torniainen, Karita Kinnunen-Raudaskoski
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Sectors
Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Paptic Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30.86 M (USD)
in 6 rounds
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Latest Funding Round
$4.9 M (USD), Series A
Jan 18, 2024
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Investors
Ecolab
& 10 more
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Employee Count
Employee Count
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Products & Services of Paptic
Paptic offers a comprehensive portfolio of products and services, including Paptic®, Paptic Sterna®, Paptic Perdix®, and Paptic Tringa®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wood fibre-based alternative to plastics for various uses
Variant for carrier bags and retail applications
Material for hygiene and product packaging
Option for e-commerce and dry food packaging
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Funding Insights of Paptic
Paptic has successfully raised a total of $30.86M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $4.9 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $4.9M
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First Round
First Round
(01 Apr 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Paptic | Valuation | UB FIGG | |
| Sep, 2023 | Amount | Series A - Paptic | Valuation |
investors |
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| Jun, 2022 | Amount | Grant - Paptic | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paptic
Paptic has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Ecolab, ITOCHU and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A private equity fund focused on bio-based industry investments.
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Founded Year | Domain | Location | |
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Sustainable industrial innovation is supported through venture capital investments.
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Founded Year | Domain | Location | |
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SIG InnoVentures is focused on investing in sustainable packaging solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paptic
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paptic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paptic Comparisons
Competitors of Paptic
Paptic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bambrew, Cirkla, Amwoodo, BioPak and envoPAP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Biodegradable plant-fiber packaging products are manufactured for sustainability.
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| domain | founded_year | HQ Location |
Providers of plant fiber-based packaging products
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| domain | founded_year | HQ Location |
Sustainable bamboo-based alternatives to plastic products are manufactured.
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| domain | founded_year | HQ Location |
Paper bags, bowls, containers, trays, and packaging products are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of paper and packaging materials
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paptic
Frequently Asked Questions about Paptic
When was Paptic founded?
Paptic was founded in 2015.
Where is Paptic located?
Paptic is headquartered in Espoo, Finland.
Who is the current CEO of Paptic?
Tuomas Mustonen is the current CEO of Paptic. They have also founded this company.
Is Paptic a funded company?
Paptic is a funded company, having raised a total of $30.86M across 6 funding rounds to date. The company's 1st funding round was a Grant of $13.03M, raised on Apr 01, 2015.
What does Paptic do?
Online platform for plant based material packaging solutions. The company focuses on developing wood-based renewable and recyclable products. It designs and manufactures multiple packaging materials which can be used for gift bags, bases for label coatings, pouches, barriers, dry food packages, etc.
Who are the top competitors of Paptic?
What products or services does Paptic offer?
Paptic offers Paptic®, Paptic Sterna®, Paptic Perdix®, and Paptic Tringa®.
Who are Paptic's investors?
Paptic has 11 investors. Key investors include Ecolab, ITOCHU, European Union, UB FIGG, and Emerald Technology Ventures.
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