# LACTIPS: Plastics, Saint-Paul-en-Jarez, France

> LACTIPS: LACTIPS is a French biotechnology company founded in 2014, based in Saint-Paul-en-Jarez. Based in Saint-Paul-en-Jarez, France. Founded 2014.

Source: https://millionrounds.com/startup/lactips (Millionrounds; every figure on the page links to its filing or article)

France · [Plastics startup](https://millionrounds.com/companies)

# LACTIPS

LACTIPS is a French biotechnology company founded in 2014, based in Saint-Paul-en-Jarez.

Funding reported Last round: Grant

Plastics Saint-Paul-en-Jarez, France

Company summary

- **Founded:** 2014 12 years old
- **Team:** 40 11 to 50 people
- **Funding reported:** 16.9M as listed, currency not stated
- **Last round:** Grant Jun 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for LACTIPS has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About LACTIPS

LACTIPS is a French biotechnology company founded in 2014, based in Saint-Paul-en-Jarez.

The company specializes in developing and producing 100% bio-based, natural polymers derived from milk proteins, specifically caseins. LACTIPS aims to provide sustainable alternatives to traditional plastics, focusing on water-soluble and fully biodegradable materials that leave no microplastic residues. The company's flagship product, CareTips®, consists of thermoplastic pellets that are edible, non-toxic, and suitable for various applications, including food packaging, cosmetics, and agriculture. LACTIPS also offers services such as sustainable material development, paper coating solutions, and technical consulting to help industries transition to circular economy strategies. With a production capacity of 1,500 tonnes per year and a commitment to environmental sustainability, LACTIPS is recognized as a leader in addressing plastic pollution and is backed by significant investments, including from BASF Venture Capital.

## What company datasets say LACTIPS raised

Funding, as reported

Reported in all **16.9M** in the source's currency

Rounds **4**

Last round **Grant**

Last round size **17.6M**

Last round date **Jun 2021**

Investors listed **7**

## On a portfolio page

Investors who name them

- [Diamond Edge Ventures](https://millionrounds.com/fund/diamond-edge-ventures)

Each firm lists LACTIPS on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

moisture-proof environmentally friendly materials biodegradable film extrusion water-soluble films biodegradable material certification sustainable material solutions biodegradable agriculture products biodegradable packaging solutions distribution manufacturing microplastic pollution solutions solvent-free biodegradable product development industrial process integration detergence sustainable material sourcing

Built with from their website

WordPress.org HREF Lang OVHcloud Apache Viewport Meta Priority Hints Microsoft Exchange MySQL PrimeNG Microsoft 365 Apps & Services

+8 more

Mobile Friendly Image Placeholders Open Graph jQuery Wordpress Microsoft Exchange Online jQuery Migrate HSTS

- **Sector:** Plastics
- **Industry code:** NAICS 325211, 326199, SIC 3999
- **Region:** Auvergne-Rhone-Alpes
- **Revenue:** 2.3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/lactips)

## Plastics in France

Startups like it

- [**FAIRMAT** Paris · founded 2020](https://millionrounds.com/startup/fairmat)
- [**3Deus Dynamics** Rillieux-la-Pape · founded 2020](https://millionrounds.com/startup/3deus-dynamics)
- [**SKYTECH SLP** Le Val-d'Hazey · founded 2018](https://millionrounds.com/startup/skytech-slp)
- [**PROCHIMIR** Pouzauges · founded 1990](https://millionrounds.com/startup/prochimir)
- [**THE 8 IMPACT** Saint-Remy · founded 2021](https://millionrounds.com/startup/the-8-impact)
- [**LYSPACKAGING** Chaniers · founded 2015](https://millionrounds.com/startup/lyspackaging)
- [**Authentic Material** Portet-sur-Garonne · founded 2016](https://millionrounds.com/startup/authentic-material)
- [**SAVIMEX** Grasse · founded 1954](https://millionrounds.com/startup/savimex)

## Is this your company?

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