Amount Raised
€36.6 Million
Round Type
Funding Round
HamburgBiotechnologyAgriculture and FarmingInvestors
Description
Hamburg-based biomaterials startup traceless materials has raised €36.6 million in a Series A funding round. The startup intends to use the investment to scale the production capabilities of its plastic alternative beginning with the construction of a demonstration plant.
Quick answer
Traceless Materials raised €36.6 Million in a Funding Round round, dated September 25, 2023. Investors: B Value, High Tech Gründerfonds, Planet A Ventures, Hamburger Sparkasse, Hamburg, Gls Bank, Swen Capital Partners and United Bankers. Traceless Materials is based in Hamburg, Hamburg, Germany.
- How much did Traceless Materials raise?
- Traceless Materials raised €36.6 Million in a Funding Round round on September 25, 2023.
- Who invested in Traceless Materials?
- B Value, High Tech Gründerfonds, Planet A Ventures, Hamburger Sparkasse, Hamburg, Gls Bank, Swen Capital Partners and United Bankers are named as investors in this round.
- What does Traceless Materials do?
- We are a circular bioeconomy startup, and we offer a novel biomaterial solution to tackle plastic pollution: traceless® materials!
- Where is Traceless Materials based and how big is it?
- Traceless Materials is based in Hamburg, Hamburg, Germany.
- Who are the decision-makers at Traceless Materials?
- Fundz holds 1 contact at Traceless Materials. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Biotechnology around the same time
Companies in the same sectors as Traceless Materials that raised within 45 days of this round, from Fundz verified event records.
- TrueAlgae raised an undisclosed amount (Funding Round) on October 25, 2023.
- Amatera raised $1.6M (Seed) on October 20, 2023.
- FlexSea raised $2.4M (Seed) on October 4, 2023.
- Aurora Cannabis raised $31M (Funding Round) on October 3, 2023.
- Biodel AG raised an undisclosed amount (Series A) on September 13, 2023.
- altM raised $3.5M (Seed) on September 7, 2023.
Who to call at Traceless Materials, and when
A new round usually means Traceless Materials is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Traceless Materials raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Traceless Materials, from your own LinkedIn network
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