What is Lactips?
Lactips is pioneering the manufacturing of plastic derived from natural raw materials, engineered to decompose without leaving a lasting environmental footprint. This innovative approach directly addresses the pervasive issue of plastic pollution, offering a sustainable alternative to conventional plastics that persist for hundreds of years in ecosystems. The company's technology represents a significant advancement in the quest for eco-friendly materials.
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, EnTrust Global, and SWEN Capital Partners
Key Investors in Lactips
Go Capital
Go Capital is an investment firm that emphasizes building long-term relationships and understanding clients' financial needs to structure optimal transactions. They offer capital solutions tailored to businesses, focusing on a consultative approach.
EnTrust Global
EnTrust Global, established in 1973, is a New York-based investment firm that specializes in co-investments and multi-strategy portfolios, providing diverse investment opportunities.
SWEN Capital Partners
SWEN Capital Partners is a responsible investor focused on private equity, infrastructure, and private debt, with a commitment to creating sustainable value through initiatives like Tech for Good and Climate Impact.
What's next for Lactips?
With the recent major strategic investment, Lactips is poised to accelerate its growth and expand its market reach. This capital will likely fuel further research and development, enhance production capabilities, and support broader commercialization efforts. The company's focus on zero-environmental-impact plastic positions it favorably to capitalize on increasing global demand for sustainable products and stringent environmental regulations.
See full Lactips company page
