About Sulapac
Sulapac is a company based in Helsinki (Finland) founded in 2016 by Suvi Haimi. Sulapac has raised $24.12 million across 9 funding rounds from investors including Chanel, Nissha and European Union. Sulapac operates in a competitive market with competitors including WestRock, Newlight Technologies, UBQ Materials, Cellugy and Cemvita, among others.
- Headquarter Helsinki, Finland
- Founders Suvi Haimi
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Sectors
EnvironmentChemicals & Materials Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.12 M (USD)
in 9 rounds
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Latest Funding Round
$6.43 M (USD), Series C
May 30, 2023
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Investors
Chanel
& 15 more
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Employee Count
Employee Count
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People of Sulapac
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Funding Insights of Sulapac
Sulapac has successfully raised a total of $24.12M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $6.43 million completed in May 2023. 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 9
- Last Round Series C — $6.4M
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First Round
First Round
(03 Apr 2017)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Series C - Sulapac | Valuation | Springvest |
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| Apr, 2023 | Amount | Debt – Conventional - Sulapac | Valuation |
investors |
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| Dec, 2022 | Amount | Series C - Sulapac | Valuation | Nissha |
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Investors in Sulapac
Sulapac has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Chanel, Nissha and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Springvest is recognized as a leading growth investment service in Finland.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in European startups across sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sulapac
Financial Statements - Sulapac
Sulapac Comparisons
Competitors of Sulapac
Sulapac 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 WestRock, Newlight Technologies, UBQ Materials, Cellugy and Cemvita, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable packaging solutions are delivered online for diverse industries.
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| domain | founded_year | HQ Location |
Provider of sustainable material using methane-based greenhouse gases
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| domain | founded_year | HQ Location |
Composite materials are produced from unrecyclable municipal solid waste.
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| domain | founded_year | HQ Location |
Environmental-friendly biomaterials are developed to replace plastics.
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| domain | founded_year | HQ Location |
Developer of biotechnology that transforms carbon waste into valuable resources
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| domain | founded_year | HQ Location |
Biodegradable foam packaging alternatives to polystyrene are manufactured sustainably.
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Frequently Asked Questions about Sulapac
Sulapac was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Sulapac is headquartered in Helsinki, Finland.
Suvi Haimi is the current CEO of Sulapac. They have also founded this company.
Sulapac is a funded company, having raised a total of $24.12M across 9 funding rounds to date.
Sulapac was founded in 2016 in Helsinki, Finland, within the sustainable materials sector. Bio-based, biodegradable alternatives to conventional plastics are produced for use in cosmetics, food services, and 3D printing. Compatibility with existing plastic processing machinery is maintained to support manufacturer transitions. Raw materials and ready-made products are supplied through partner networks. Complete biodegradation without microplastic residues is enabled by these materials.
Sulapac's top competitors include Econic Technologies, Origin Materials and WestRock.
Sulapac has 16 investors. Key investors include Chanel, Nissha, European Union, Business Finland, and Nefco.