- Lactips secured €16 million in funding for global expansion.
- The investment round includes SWEN Blue Ocean, GO CAPITAL, and Sogive.
- Lactips aims to expand in Europe, Americas, and Japan.
- The company focuses on biodegradable, water-soluble polymers.
Funding and Investors
Lactips, a French company specializing in biodegradable polymers, has raised €16 million in a funding round. This round was supported by the SPI fund, managed by Bpifrance for the French government as part of France 2030. New investors include SWEN Blue Ocean and GO CAPITAL through its Impact Ocean Capital fund, alongside Sogive, a family office. Historic investors like Bpifrance and BNP Paribas Développement also reinvested.
Expansion Plans
The funding will enable Lactips to accelerate growth in Europe and expand into the Americas and Japan. The company aims to strengthen its presence in these strategic regions, enhancing its global footprint.
Research and Development
Lactips plans to continue its R&D efforts to broaden its product portfolio, improve performance, and further reduce environmental impact. The company is committed to providing sustainable alternatives to traditional plastics.
Industrial Investment
Part of the funds will be used to invest in Lactips' industrial facility, supporting growth and maximizing production capacity. This investment is crucial for meeting increasing demand and scaling operations.
Impact and Commitment
The involvement of impact funds underscores Lactips' commitment to sustainable growth. The company's technology, based on a natural, water-soluble polymer, addresses critical environmental challenges, particularly in marine ecosystems.
