PaperShell

€40.3M startup

Announced: Apr 8, 2026
Sector: Biotechnology
Investors: 2

Summary

PaperShell secured up to €40.3 million from the European Commission’s EU Innovation Fund to support the industrial scale-up of its bio-based composite material. The funding will be used to build a new production facility in Tibro and expand the company’s production capacity.

Investors

European Commission, EU Innovation Fund