Germany gives €5 M to female-founded start-up making plant-based bioplastic
The company sources its plant material from agricultural waste and aims to replace several thousand metric tons of plastic a year.
The German government has given €5 million in funding to a female-founded biomaterials start-up to build a test production plant for their new plastic alternative: a plant-based, compostable material they say can be used in applications such as flexible films, paper coatings, and adhesives.
The company, traceless, sources its plant material from agricultural waste from industrial grain processing and says its aim is to replace ‘several thousand metric tons’ of conventional plastics every year once its technology is brought to scale.
I don't know if the company's claims are true but their website is pretty slick.