Traceless Materials Funding Round

9/26/2023

Venture Equity

$38,770,000

Series A

The company intends to use the funds to expand the production capabilities for its innovative biomaterial technology to industrial scale.

Private & Independent

AdTech

Brook 5
Hamburg, 20457
DE

Undisclosed

We are a circular bioeconomy startup, and we offer a novel biomaterial solution to tackle plastic pollution: traceless® materials! Being based on plant residues of the agricultural industry, our materials are fully biobased, plastic-free and home compostable. Our patent-pending technology to produce them is scalable, environmentally friendly and efficient: A science-based life-cycle assessment shows that compared to conventional plastics traceless® saves 91% carbon emissions and 89% fossil energy demand in production and disposal, all while preserving agricultural land and water resources, and completely avoiding the use of hazardous chemicals or additives.