traceless materials

company

About

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

  • 11 - 50

Details

Last Funding Type
Grant
Last Funding Money Raised
€2.42M
Industries
Advanced Materials,Biotechnology,Chemical,Manufacturing
Founded date
Jan 1, 2020
Number Of Employee
11 - 50
Operating Status
Active

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!

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€2.42M
traceless materials has raised a total of €2.42M in funding over 2 rounds. Their latest funding was raised on Oct 21, 2021 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 21, 2021 Grant €2.42M 1 European Innovation Council Detail

Investors

Number of Lead Investors
Number of Investors
1
1
traceless materials is funded by 1 investors. European Innovation Council are the most recent investors.
Investor Name Lead Investor Funding Round
European Innovation Council Yes Grant