We are thrilled to announce our participation in the €36.6 Million Series A investment round of traceless materials, marking a pivotal milestone as they embark on building their first industry plant!
As plastic pollution is one of the main pollutants threatening our ocean, we were seduced by traceless, a bio-based and biodegradable material that can replace plastics in products that easily end up in the environment, and hence in our ocean, such as single-use packaging as well as hidden plastics in adhesives and paper coatings. traceless is a compelling alternative to applications where reusable solutions are not sustainable and technical recycling is not feasible.
We are excited to stand behind Anne Lamp, Johanna Baare, and the entire traceless team as they embark on the journey to scale up their groundbreaking innovation!
Read more in the press release attached