PulPac
Financials
Estimates*
SEK | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Revenues | 4.4m | 8.8m | 11.2m | 12.1m | 21.5m |
% growth | - | 99 % | 27 % | 8 % | 78 % |
Profit | (10.6m) | (12.0m) | (11.4m) | (21.1m) | (33.6m) |
% profit margin | (240 %) | (137 %) | (102 %) | (175 %) | (157 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.9m | Early VC | ||
$1.4m | Debt | ||
N/A | $1.2m | Early VC | |
SEK36.5m | Seed | ||
* | N/A | Grant | |
* | $3.0m | Early VC | |
* | N/A | Early VC | |
Total Funding | €13.2m |
Recent News about PulPac
EditPulpac is revolutionizing the packaging industry with its innovative cellulose molding technology, aiming to replace single-use plastics globally. The company provides a cost-effective and high-performance alternative to traditional plastic packaging by using fiber-based materials. Pulpac's technology serves a wide range of clients, including manufacturers and brands looking to adopt sustainable packaging solutions. Operating in the sustainable packaging market, Pulpac's business model focuses on licensing its proprietary technology to manufacturers, enabling them to produce eco-friendly packaging at a competitive cost. Revenue is generated through licensing fees and royalties from the use of its technology. The company is committed to sustainability and innovation, positioning itself as a leader in the transition towards environmentally friendly packaging solutions.
Keywords: cellulose molding, sustainable packaging, fiber-based products, single-use plastics, eco-friendly, cost-effective, high-performance, licensing, innovation, technology.