# Traceless materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/traceless-materials

- Industry: Environmental Services
- Headquarters: Hamburg, Germany
- Website: www.traceless.eu
- Total disclosed funding: $40M
- Latest round: Series A (Jun 23, 2023)
- Investors on record: 7

## About

Based in Hamburg, Germany, and founded in 20202, traceless materials GmbH provides an alternative to conventional (bio)plastics solving global plastic pollution. The company was co-founded by CEO Ms. Anne Lamp and COO Ms. Johanna Baare. In May 2021, traceless materials GmbH raised an undisclosed amount of Seed funding from Planet A, b.value AG, and High-Tech Gründerfonds.

traceless materials GmbH develops alternative material to conventional (bio)plastics for a solution to the global plastic pollution, and as film, hard plastics, and coating solution.

traceless materials GmbH plans to expand its team and hire more new people.

## Funding rounds

- Series A, Jun 23, 2023, $40M — SWEN Capital Partners, High-Tech Gruenderfonds, Hamburger Sparkasse, GLS Bank, Planet A Ventures, b.value, United Bankers Fund Management
- Seed, May 3, 2021 — High-Tech Gruenderfonds, Planet A Ventures, b.value

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A
- Planet A Ventures (https://capitalatlas.ai/funds/planet-a-ventures) — Seed, Series A
- b.value (https://capitalatlas.ai/funds/b-value) — Seed, Series A
- SWEN Capital Partners (https://capitalatlas.ai/funds/swen-capital-partners) — Series A
- Hamburger Sparkasse — Series A
- GLS Bank — Series A
- United Bankers Fund Management (https://capitalatlas.ai/funds/united-bankers-fund-management) — Series A