Lactips Secures €16M to Accelerate Growth of Biodegradable, Water-Soluble Packaging Solutions

Lactips, a France-based company specializing in the development of biodegradable and water-soluble polymers from natural materials, has secured €16 million in its latest funding round. The funding was led by the Blue Ocean Fund, managed by SWEN Capital Partners, and supported by several notable investors, including Impact Ocean Capital Fund, SPI Fund, managed by Bpifrance on behalf of the French government, BNP Paribas Développement, and Sogive, a family office.

This will allow Lactips to increase its commitment towards providing sustainable, eco-friendly alternatives to conventional plastics, accelerating growth and increasing international presence.

A Sustainable Solution to Plastic Pollution

Lactips is founded by Marie-Hélène Gramatikoff and Frédéric Prochazka in 2014, and focuses on making biobased, plastic-free solutions from natural proteins, including caseins. The products offered by Lactips are biodegradable as well as water-soluble and, hence, bring in a revolutionary alternative for the traditional plastic packaging. Their applications include packaging, labeling, agriculture, and outdoor sports.

Lactips’ innovative technology is based on the use of natural proteins, allowing for the creation of mass-producible, edible products with strong barrier properties. This technology ensures that Lactips products break down naturally, leaving no harmful residues or microplastics behind, making them a sustainable solution to plastic waste, especially in marine ecosystems.

Investment to Fuel Global Expansion and R&D

The €16 million funding will play a strategic role in aiding Lactips expand internationally and invest in research and development. This new capital will enable the company to build production capacity and develop new product lines, making it one of the innovative sustainable packaging solutions companies in the marketplace. Lactips intends to focus mainly on the international markets of Europe, Americas, and Japan, in which demand for green package solutions is soaring.

Lactips will use its investment to upgrade its industrial facility, with part of it being a 2,500 m² industrial production site opened last 2021. It sets an ambitious target of reaching full capacity, producing up to 10,000 metric tons material annually. This can eventually help meet the increased sustainable packaging alternatives as the whole industry continues to drift towards non-petroleum-based plastic.

Long-Term Potential Recognition

Alexis von Tschammer, CEO of Lactips, expressed his enthusiasm about the new funding, noting that the backing of impact investors is a testament to the company’s long-term growth potential and its commitment to the global ecological transition. He stated, “The entry of impact funds into our capital is a genuine recognition of our long-term growth potential and our commitment to responsible development within the global ecological transition.”

Tschammer further referred to the strategic cooperation agreements concluded with several significant commercial partners, which were said to be crucial for the firm’s success. With this fresh capital influx, Lactips stands to strengthen its leading position in the market while taking its growth further a notch higher in markets all around the world.

Investors Opinion on Lactips Contribution

The investors supporting Lactips are really enthusiastic about the role that this company plays in solving a very critical issue of plastic pollution. Julie Peyrache from SWEN Capital Partners said, “As plastic pollution constitutes a major threat to our oceans, we are proud to support Lactips in its new phase of development.” She highlighted how the company is at the top of the list in fully biodegradable, water-soluble solutions, where manufacturers and brands can smoothly shift to more sustainable options.

Jérôme Gueret of GO CAPITAL added that Lactips is perfectly placed to play a crucial role in the shift away from petro-based plastics. According to him, the company’s natural casein-based polymer addresses significant environmental challenges, especially in protecting marine ecosystems from the harmful effects of plastic waste.

Lactips Growth Trajectory and Future Vision

The journey of Lactips has been one of marked milestones, including the opening of its production site and taking on Alexis von Tschammer as CEO in 2022. The company, established with a team of committed 45 employees, takes pride in its position as a leader of sustainable packaging solutions and innovation with alternatives to the plastic world. As a critical step in the growth of the company, the new investment will enhance the firm’s position to compete with the dramatically rising global demand for green packaging solutions.

The company’s vision is not only to provide an alternative to plastic but to reshape how industries approach packaging and sustainability. Lactips uses natural proteins to create water-soluble, biodegradable products that can be scaled up to address a global problem. Lactips has proven technology, strong commercial partnerships, and a committed team to make a big difference in the transition toward a more sustainable, circular economy.

As the world continues to grapple with the environmental consequences of plastic pollution, Lactips is spearheading innovation with its eco-friendly packaging solutions. This €16 million investment will help the company expand its operations, continue its research efforts, and solidify its role as a key player in the global movement to reduce plastic waste and promote sustainability.