traceless raises €36.6M Series A round
25 September 2023· Hamburg, Germany· manufacturing, biotech, materials, b2b, b2g, deep_hardware
The startup intends to use the investment to scale the production capabilities of its plastic alternative, specifically for the construction of its first industrial-scale demonstration plant in Hamburg
Investors
LeadUB Forest Industry Green Growth Fund
Also participating
High-Tech GründerfondsPlanet A VenturesSWEN Capital Partners' Blue Ocean fundGLS BankHamburger Sparkasseb.value
About traceless
Stage
Series A
Headquarters
Hamburg, Germany
Founded
2020
Team Size
51–200
Sectors
manufacturingbiotechmaterialsb2bb2gdeep_hardware
Source: https://tech.eu/2023/09/25/traceless-materials-raises-366m-for-eco-friendly-plastic-alternative/