Traceless Materials Raises €36.6M For Eco-Friendly Plastic Alternative

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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. Founded in 2020 by Anne Lamp and Johanna Baare in Hamburg, Germany, our growing team unites 35 passionate experts from many disciplines and twelve nationalities - all driven by our common vision: To jointly create a future free of pollution and waste! With the aim to replace plastics in large quantities soon, we are working on the scale-up of our production capacities from pilot to industrial scale as quickly as possible. In parallel, we are working on first pilot products made from traceless® materials with brand owners and converting partners, and launched a first market pilot in 2022. On our journey, we are proud to be funded among others by the European Innovation Council and the German Federal Ministry for Environment (BMUV), and was awarded among others with the German Entrepreneur Award and German Sustainability Award (NEA). Follow us on our journey, and become a part of the solution, not the pollution!