Paptic
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | 1.3m | 3.3m | 3.6m | 5.0m |
% 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
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | Spinout | |
€1.1m | Seed | ||
N/A | €4.3m | Seed | |
€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 | $40.8m |
Recent News about Paptic
EditManufacturer 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.