Lactips raises €16 million

Lactips, a French company specializing in the development, production and commercialization of a 100% biobased natural polymer that is water-soluble and biodegradable in all environments, has announced a €16 million fundraising round

At its facilities in Saint-Jean-Bonnefonds, Lactips has an industrial division with lines dedicated to production and product development, as well as a services division.
At its facilities in Saint-Jean-Bonnefonds, Lactips has an industrial division with lines dedicated to production and product development, as well as a services division. © Lactips
  • This funding will allow Lactips to accelerate its commercial growth and expand internationally with its 100% biosourced natural polymer, which is water-soluble and fully biodegradable in all environments
  • This funding round was led by the Blue Ocean Fund, managed by SWEN Capital Partners, joined by Impact Ocean Capital Fund, managed by GO CAPITAL, as well as Lactips’ historic investors, including the SPI Fund, managed on behalf of the French government through Bpifrance, and BNP Paribas Développement.

Lactips, a French company specializing in the development, production and commercialization of a 100% biobased natural polymer that is water-soluble and biodegradable in all environments, has announced a €16 million fundraising round. This new round, backed by SPI fund, managed on behalf of the French government by Bpifrance as part of France 2030, marks the entry of 2 new impact fund investors: SWEN Blue Ocean and GO CAPITAL through its Impact Ocean Capital fund, as well as Sogive, a family office.

Lactips, which celebrated its 10th anniversary in 2024, supports converters and brand owners in their ecological and regulatory transition by providing a sustainable, natural alternative to traditional plastics. Backed by patented and proven technology, expert teams, and a full-scale industrial facility, Lactips’ technology has demonstrated unique properties and established strong commercial partnerships.

This funding round gives Lactips the resources needed to realize its ambitions and establish itself as a leading global player. It will allow the company to:

  • accelerate its growth in Europe and further expand into the Americas and Japanese markets to strengthen its presence in key strategic regions
  • Continue its research and development efforts to broaden its product portfolio, enhance performance, and further minimize environmental impact
  • Further invest in its industrial facility to support growth and maximize production capacity.

Historic investors, notably Bpifrance through the SPI fund (Société de Projets Industriels) and BNP Paribas Développement, are renewing their confidence by reinvesting in this round. Additionally, Lactips is welcoming two new key investors, SWEN Capital Partners and GO CAPITAL, who are investing through their respective impact funds.

Blue Ocean is a leading reference among impact funds in France and internationally, supporting start-ups that offer innovative solutions to tackle the three biggest threats to our oceans: overfishing, climate change, and pollution.

Impact Ocean Capital, managed by GO CAPITAL, is a prominent fund dedicated to financing the blue economy, with a particular focus on decarbonizing industry, protecting marine biodiversity, and promoting sustainable food.

The investment of these impact funds underscores Lactips’ strong commitment to sustainable growth.

“We are thrilled to reach this important milestone in Lactips’ development. The entry of impact funds into our capital is a genuine recognition of our long-term growth potential and our commitment to responsible development within the global ecological transition. Our historic shareholders have once again confirmed their commitment to Lactips. These long-term partnerships provide us with the means to achieve our ambitions.” – Alexis von Tschammer, CEO of Lactips.

“As plastic pollution poses a major threat to our oceans, we are particularly proud to support Lactips in its new phase of development. Lactips is an innovative industrial deeptech company with 10 years of research and development. Since its creation, it has been committed to guide manufacturers and brands in their ecological transition by providing 100% biosourced solutions that are fully biodegradable in all environments and water-soluble, leaving no microplastics behind. With sustained development and a passionate team, Lactips has established itself as a market leader.” – Julie Peyrache, SWEN Capital Partners.

“GO CAPITAL is proud to support Lactips in this new phase of its international expansion. With a talented team driven by impact, Lactips is positioning itself as a key player in the shift away from petroleum-based plastics. Their casein-based natural polymer addresses critical environmental challenges, particularly in safeguarding the health of marine ecosystems.” – Jérôme Gueret, GO CAPITAL.

“As a shareholder since 2020, we have supported Lactips in developing innovative products, enhancing its industrial facilities, and seizing new market opportunities within a positive societal and regulatory environment. Today, Lactips provides relevant, industrially-proven solutions that have been embraced by several prominent clients. Building on its successful track record, this new funding round offers an opportunity to strengthen and solidify the company’s assets while accelerating its commercial growth and international expansion.” – Chloé Schiaffino, SPI (Bpifrance).

About the France 2030 Investment Plan:

  • Represents a dual ambition: to sustainably transform key sectors of our economy (healthcare, energy, automotive, aerospace, and space) through technological innovation, and to position France not only as a player but as a leader in the world of tomorrow. From fundamental research to the emergence of an idea and the production of new products or services, France 2030 supports the entire innovation life cycle until its industrialization.
  • Is unprecedented in its scale: €54 billion will be invested to help our businesses, universities, and research organizations fully succeed in their transitions within these strategic sectors. The goal is to enable them to respond competitively to the ecological challenges and the attractiveness of the emerging world, while fostering the future leaders of our excellence sectors. France 2030 is defined by two cross-cutting objectives: dedicating 50% of its spending to the decarbonization of the economy, and 50% to emerging actors, carrying innovation with no harmful environmental impact (according to the Do No Significant Harm principle).
  • Will be implemented collectively: designed and deployed in consultation with economic, academic, local, and European stakeholders to determine strategic directions and key actions. Project leaders are invited to submit their proposals through open, demanding, and selective processes to benefit from state support.
  • Is managed by the General Secretariat for Investment on behalf of the Prime Minister and implemented by the French Agency for Ecological Transition (ADEME), the National Research Agency (ANR), Bpifrance, and the Bank of Territories

For more information, please visit: france2030.gouv.fr | @SGPI_avenir

Source

Lactips, press release, 2024-11-27.

Supplier

BNP Paribas
BPIFrance
GO CAPITAL
Lactips
Swen Capital Partners

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