# SAS Lactips

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sas-lactips

- Industry: Materials
- Headquarters: France
- Website: www.lactips.com/
- Total disclosed funding: $14M
- Latest round: Series D (Nov 19, 2024)
- Investors on record: 5

## About

Based in France, SAS Lactips specializes in developing biodegradable polymers that address environmental issues related to microplastics, providing sustainable solutions for various industries.SAS Lactips, founded in 2014 in France, focuses on creating innovative natural polymers for industrial applications. The company has secured a total of EUR 16.00 mn in funding from various investors, including BNP Paribas Développement and Bpifrance. The firm has completed 6 deals, with its most recent deal on November 28, 2024. The founders, Fabrice Plasson, Frédéric Prochazka, and Marie-Helene G., have steered the company towards its goal of sustainability, and the current CEO is Alexis von Tschammer.Lactips specializes in the development of innovative natural polymers aimed at providing sustainable solutions to the pervasive issue of microplastics in various industries. Their flagship product, CareTips®, is a biodegradable, hydrosoluble polymer derived from natural proteins, designed to meet the ecological needs of industrial users. This product is 100% biosourced and is applicable across diverse sectors, including agriculture and forestry. Lactips’ client base spans both national and international markets, particularly servicing companies focused on sustainable practices in Europe and beyond.In the most recent fiscal year, 2021, SAS Lactips reported revenue of EUR 227,733.40. The company generates revenue primarily through B2B transactions, supplying its natural polymer products to various industrial clients in sectors such as packaging, agriculture, and forestry. Revenue streams are derived from direct sales of their polymer products, with arrangements that may include bulk orders and customized solutions tailored to client specifications.In November 2024, SAS Lactips raised EUR 16 million in venture funding co-led by new investors SWEN Capital Partners and GO CAPITAL, with participation from returning investors Bpifrance and BNP Paribas Développement. The company plans to utilize this funding to penetrate the American and Japanese markets further while quickening its rise in Europe. Future product designs and launches are expected to enhance Lactips' portfolio, reflecting their commitment to sustainability and innovation.

## Funding rounds

- Series D, Nov 19, 2024, $14M — Go Capital, SWEN Capital Partners, Bpifrance, BNP Paribas Developpement, Sogive

## Investors

- Go Capital — Series D
- SWEN Capital Partners (https://capitalatlas.ai/funds/swen-capital-partners) — Series D
- Bpifrance — Series D
- BNP Paribas Developpement (https://capitalatlas.ai/funds/bnp-paribas-developpement) — Series D
- Sogive — Series D