PaperFoam secures €2 million loan to scale its sustainable packaging production. The funds will help expand its facility in the Czech Republic and strengthen working capital for operations in Malaysia and the U.S.
Amount Raised
€2 Million
Round Type
Debt Financing
Investors
Description
PaperFoam, a company focused on sustainable, biodegradable packaging, has secured a €2 million loan from Invest International. This financing will allow PaperFoam to expand its production capabilities in the Czech Republic and bolster working capital for its plants in Malaysia and the U.S. The investment marks a significant step in supporting the company's growth amid traditional financing challenges.
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