Bpacks
Assembly Line
Bpacks logs €1M pre-seed funding for world’s first bark-based, 100% compostable packaging
Bpacks, which claims to have developed the world’s first bark-based packaging technology to replace plastics, has secured €1 million in pre-seed funding. This move underscores investor confidence in its innovative, sustainable packaging technology. This funding comes amid a surge in investments in packaging startups, including recent deals of Movopack and IonKraft.
The company will use the investment to accelerate its growth by establishing a manufacturing facility in Spain by 2025. The funding will also support scaling the production of bark-based pellets and packaging products, advancing its R&D capabilities in Belgrade, and laying the groundwork for expansion into the US market by 2026. This will enable Bpacks to meet the rising demand for sustainable packaging solution.