# RAIKU Packaging: Packaging & containers, Tallinn, Estonia

> RAIKU Packaging: RAIKU Packaging is a cleantech startup based in Tallinn, Estonia, founded in 2021. Based in Tallinn, Estonia. Founded 2021.

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

Estonia · [Packaging & containers startup](https://millionrounds.com/companies)

# RAIKU Packaging

RAIKU Packaging is a cleantech startup based in Tallinn, Estonia, founded in 2021.

Funding reported Last round: Grant

Packaging & containers Tallinn, Estonia

Company summary

- **Founded:** 2021 5 years old
- **Team:** 15 11 to 50 people
- **Funding reported:** 9.9M as listed, currency not stated
- **Last round:** Grant Nov 2023

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 RAIKU Packaging 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 RAIKU Packaging

RAIKU Packaging is a cleantech startup based in Tallinn, Estonia, founded in 2021.

The company specializes in producing 100% natural, compostable packaging materials made entirely from wood. Its main products include Wrap, a wood-based fabric that replaces plastic bubble wrap, and Springs, a spring-designed wooden filler that provides excellent shock absorption for fragile items. RAIKU targets the luxury and e-commerce sectors, offering sustainable packaging solutions to cosmetics brands, wine producers, jewelry retailers, and other enterprises. The company aims to reduce the environmental impact of packaging by substituting high-pollution materials like plastics and paper with resource-efficient alternatives. RAIKU's innovative process weaves wooden strips into a protective fabric without chemicals or additives, resulting in packaging that is harmless to nature after use. The company has received recognition for its efforts, including being part of the LVMH business accelerator and winning the Luxe Pack Green Award. RAIKU has raised approximately €8.8 million in funding and began production in May 2023.

## What company datasets say RAIKU Packaging raised

Funding, as reported

Reported in all **9.9M** in the source's currency

Rounds **3**

Last round **Grant**

Last round size **3.4M**

Last round date **Nov 2023**

Investors listed **17**

## Founders and team

From RAIKU Packaging's own website: 1 founder, 5 on the team.

**Karl J Pärtel** Co-Founder, Business

- **Henrik Herranen** CTO
- **Hagar Nakkurt** Head of Operations
- **Helen Killandi-Kallavus** Head of Sales & Marketing (Maternity Leave)
- **Toomas Juht** Development Engineer
- **Tõnis Jalakas** Engineer

## On a portfolio page

Investors who name them

- [Little Green Fund](https://millionrounds.com/fund/little-green-fund)

Each firm lists RAIKU Packaging 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

environmental impact analysis spring-like structure luxury goods consumers environmentally friendly transportation_logistics distribution innovative industrial machinery manufacturing sustainable materials biodegradable shock absorber zero waste packaging industrial scalability low energy consumption resource-efficient manufacturing information technology & services

Built with from their website

Google Tag Manager WordPress.org PWA Viewport Meta webpack AI Apollo.io React MySQL Mobile Friendly

+8 more

Vercel styled-components Drupal Open Graph Next.js Gravatar Wordpress HSTS

- **Sector:** Packaging & containers
- **Industry code:** NAICS 33999, 32199, SIC 3999
- **Region:** Harju County
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/raiku-packaging)

## Packaging & containers in Estonia

Startups like it

- [**Woola** Tallinn · founded 2019](https://millionrounds.com/startup/woola)
- [**Ringo** Tallinn · founded 2020](https://millionrounds.com/startup/ringo-4)

## Is this your company?

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