Creapaper receives growth financing from eCAPITAL to serve the strong demand for grass paper products

Creapaper receives growth financing from eCAPITAL to serve the strong demand for grass paper products

Creapaper GmbH, developer of sustainable raw material solutions for the paper industry, has successfully closed a financing round led by eCAPITAL. Creapaper has developed a paper alternative that is made mostly out of grass fiber. By using grass instead of wood as the raw material for paper, a more sustainable and economical production is achieved. Today, Creapaper acts as a raw material supplier for paper mills. 

Uwe D’Agnone, founder and managing director of Creapaper, was looking for a more sustainable way to produce paper and had the idea to use grass instead of wood pulp. After many tests and innovations, it became clear that out of all fiber alternatives, grass was the superior raw material for paper production with regards to economic and environmental factors. This year, Creapaper achieved largescale, industrial paper production with the fast regrowing commodity grass as the raw material.

Today the proprietary process, that needs no addition of chemicals, is market-ready. The Creapaper innovation revolutionizes the paper industry as almost every paper mill in the world, from small to large, industrial scale is now able to produce paper with up to 50 % grass. When wood pulp is substituted with the fast regrowing raw material, the CO2 emission of paper production can be lowered by up to 75 %.

The demand for innovative green packaging solutions is currently soaring, which is why Creapaper has joined up with eCAPITAL to scale up production and boost business development efforts.

“With the support of eCAPITAL we can accelerate our business development and better serve the demand of our customers for truly “green” paper and paper products”, says Uwe D’Agnone, Managing Director of Creapaper.

“We were impressed by Creapapers’ proprietary innovation, that has already led to a high market demand, and significant customer and partner wins. With Creapaper, we have added a truly innovative and sustainable company to our portfolio. This is further demonstrated by Creapaper recently winning the KfW Entrepreneurs’ Award”, adds Willi Mannheims, managing partner at eCAPITAL.

For more information and an introductory video, please visit:

https://www.kfw.de/stories/economy/start-ups/creapaper-graspaper/

About Creapaper

Headquartered in Hennef, Germany, Creapaper is an innovator in the paper industry and has developed a more sustainable way to produce paper by using grass instead of wood pulp. Creapaper has won several awards and recently also convinced the jury of the KfW Entrepreneurs' Award 2017, where Creapaper was awarded the title of National Winner. For additional information, please visit: www.creapaper.de

About eCAPITAL
eCAPITAL entrepreneurial Partners AG is a Münster-based alternative investment fund manager (AIFM) in accordance with EU-directive EuVECA. As a leading German venture capital firm, eCAPITAL has supported innovative entrepreneurs in future-oriented industries since 1999. The firm focuses on rapidly growing companies in the areas of Software / IT, Cleantech, Industry 4.0 and New Materials. Currently, eCAPITAL manages six funds with a total of 200 million euros under management.

Contact
Creapaper GmbH
Uwe D’Agnone
Reisertstr. 14
53773 Hennef, Germany
Tel.: +49 (0) 22 42 - 92 57 - 0
dagnone(at)creapaper.de
www.creapaper.de

eCAPITAL entrepreneurial Partners AG
Sylvia Richter
Hafenweg 24
48155 Münster, Germany
Tel.: +49 (0) 251 - 70 37 67 - 0 
info(at)ecapital.de
www.ecapital.de