What is Lactips?
Lactips operates at the intersection of green chemistry and industrial manufacturing, specializing in the production of the first plastic with zero environmental impact. By leveraging natural raw materials, the company has developed a pioneering technology that offers a viable, biodegradable alternative to synthetic polymers that persist in the environment for centuries. This innovation is particularly relevant for industries seeking to reduce their carbon footprint and comply with increasingly stringent global environmental regulations. Lactips is currently positioned as a transformative force in the material science sector, providing scalable solutions that do not compromise on performance or durability while ensuring full biodegradability.
How much funding has Lactips raised?
Lactips has raised a total of $31.7M across 3 funding rounds:
Unspecified
$1.8M
Other Financing Round
$13M
Other Financing Round
$16.9M
Unspecified (2017): $1.8M, investors not publicly disclosed
Other Financing Round (2020): $13M led by Diamond Edge Ventures and Bpifrance
Other Financing Round (2024): $16.9M supported by Go Capital, SWEN Capital Partners, and EnTrust Global
Key Investors in Lactips
Go Capital
Go Capital is a venture capital firm that emphasizes a consultative approach to financing, focusing on long-term business relationships and understanding the specific operational needs of their portfolio companies.
SWEN Capital Partners
SWEN Capital Partners is a responsible investment firm specializing in private equity and infrastructure, with a dedicated focus on Tech for Good and climate impact initiatives.
EnTrust Global
EnTrust Global is a New York-based investment firm that manages multi-strategy portfolios and co-investments, providing institutional-grade capital to support growth-stage enterprises.
What's next for Lactips?
With the recent infusion of capital, Lactips is poised to enter a new chapter of enterprise-level growth. The strategic roadmap focuses on scaling production capacity to meet the rising demand from global packaging and consumer goods sectors. Furthermore, the company is expected to deepen its research and development efforts to refine its material properties, potentially unlocking new applications in sectors previously dominated by non-degradable plastics. As the firm continues to build out its operational infrastructure, the focus will remain on maintaining its competitive edge in the sustainable materials market while fostering long-term partnerships with industrial stakeholders committed to environmental stewardship.
See full Lactips company page
