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Paptic

Paptic

A revolutionary new material made of wood fibres, enabling companies to shift from plastics to renewable, recyclable and reusable packaging materials. Learn more
Launch date
Employees
51-200 people
Market cap
-
Enterprise valuation
€115m (Public information from Dec 2023)
Company register number 2677629-6
Espoo Uusimaa (HQ & founding location)
https://paptic.com/
https://twitter.com/papticltdhttps://www.linkedin.com/company/paptic-ltdhttps://www.instagram.com/paptic/
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Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues<1m1.3m3.3m3.6m5.0m
% growth-165 %154 %9 %38 %
EBITDA(1.6m)(1.6m)(1.6m)--
% EBITDA margin(318 %)(119 %)(49 %)--
Profit(2.2m)(2.2m)(2.1m)--
% profit margin(454 %)(169 %)(64 %)--

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

€1.7m

Valuation: €21.7m

16.6x EV/LTM Revenues

-13.9x EV/LTM EBITDA

Early VC

€2.5m

Grant
*
N/A

N/A

Grant
*

€23.0m

Series A
*

€4.5m

Valuation: €115m

Series A
Total Funding€37.1m

Related Content

Recent News about Paptic

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More about Paptic
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Manufacturer of wood-based plastic bags intended to address global environmental challenges, plastic waste accumulation in the environment. The company's bags combine the renewability and recyclability of paper with the functionality of plastics, enabling customers to attain a sustainable environment without hampering their daily requirements for plastic bags.

Keywords: New Materials and Construction, Carrier Bags, Carry Bags, Circular Economy, Fiber-Based Materials, Flexible Packaging, Non Plastic Bags, Recyclable Packaging Material, Replacing Plastic, Resources Efficient, Sustainable Materials, Sustainable Packaging, Wood Fibre.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.