EU-Startups· Rahul Raj·· 3 hours agoAI Score38
PaperFoam Secures €2 Million Loan to Scale Starch-Based Sustainable Packaging
PaperFoam secures €2 million loan to scale sustainable packaging made from starch and natural fibres
AI Overview
PaperFoam has secured a €2 million loan from Dutch government-backed Invest International to expand its Czech production facility and fund working capital for its Malaysian and U.S. plants. The Barneveld-based company makes compostable packaging from starch and natural fibres, including PaperFoam Plus, a thicker alternative to EPS that is drop-tested up to 5 kg.
Source:EU-Startups · eu-startups.com