b.value invests in traceless materials GmbH

The b.value AG invests in the Hamburg-based female-founded start-up traceless materials GmbH together with the HighTech Gründerfonds (HTGF) and the impact investor Planet A. The investment will help to foster the scale-up, the further product development and the team recruiting.

traceless, founded by the investor Dr. Anne Lamp and her co-founder Johanna Baare in Septembre 2020, aims to develop and to produce 100 % bio-based and fully compostable materials as sustainable alternative to conventional (bio)plastics for packaging and other single-use applications. The traceless materials will contribute to solve the global plastic pollution and have a broad application with enormous market potential. b.value has evaluated diverse companies developing sustainable plastic alternatives, but none of them have been characterized by this outstanding combination of such a powerful management team, a superior technology with pronounced competitive advantages, a predominant material performance, and a holistic sustainability. The seed funding impels the development of first market pilots and its market launch.

Please find more information on traceless and its ambitious aims as well as on the seed investors in the official press release and at www.traceless.eu.