Swen Capital Partners

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Traceless Materials raises €36.6M for eco-friendly plastic alternative

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Traceless Materials, United Bankers, Swen Capital Partners


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.

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