Feltwood

Feltwood

We develop technologies to produce biodegradable industrial materials from vegetal waste

Founded 2016 Spain

Spain 6 employees Non Equity Assistance Total: $462.93K Manufacturing, Sustainability

Feltwood is a Spanish manufacturing startup founded in 2010 that aims to address the environmental issue of plastic waste with its innovative technology. With the slogan "We develop technologies to produce biodegradable industrial materials from vegetal waste," Feltwood has developed a process to manufacture biodegradable industrial materials from vegetal waste. The challenge that Feltwood aims to tackle is the long degradation period of plastic, which has led to severe environmental consequences. The ingestion of plastic waste by marine life has caused the death of 100,000 marine mammals, such as whales or dolphins annually. The technology developed by Feltwood utilizes agricultural residues to create materials without adding any plastic, adhesive, or binder. The target beneficiaries of Feltwood's technology are companies with agricultural vegetable waste seeking to turn them into raw materials, and companies in search of sustainable materials to stay ahead in the market. Feltwood's materials serve as an ecological alternative to polluting materials at a competitive price, contributing to a circular economy and reducing environmental damage caused by traditional materials. Feltwood's materials serve as alternatives to plastics and wood in various applications, including flexible materials for supermarket trays, hard materials equivalent to wood, and light insulating materials for packaging and construction. The company's last investment was a Non Equity Assistance investment at 31 January 2024, received from StartBEC. In essence, Feltwood's innovative approach to manufacturing biodegradable industrial materials from vegetal waste presents promising solutions to the pressing environmental challenge posed by non-degradable materials, aligning with the growing global emphasis on sustainability.

Funding Stage	Amount	Investors	Lead Investors	Date
Non Equity Assistance	Undisclosed	1	StartBEC	31 Jan 2024
Grant	€391.50K	1	EIT Food	06 Aug 2020
Grant	€71.43K	1	EASME - EU Executive Agency for SMEs	01 Dec 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Non Equity Assistance

Undisclosed

StartBEC

31 Jan 2024

Grant

€391.50K

EIT Food

06 Aug 2020

Grant

€71.43K

EASME - EU Executive Agency for SMEs

01 Dec 2018

FAQ About Feltwood

We develop technologies to produce biodegradable industrial materials from vegetal waste

Feltwood was founded in 2016.

Feltwood is headquartered in Spain.

Feltwood operates in Manufacturing and Sustainability. Its work centres on Biodegradable materials, Sustainable technology, Circular economy and Eco-friendly materials.

Feltwood has approximately 6 employees.

Feltwood has completed 3 funding rounds, raising a total of $462.93K. The latest funding stage is Non Equity Assistance.

Top alternatives and competitors to Feltwood include EcoPackables, Biodeck, ReBorn Homewares, Relicta - Innovation of Packaging, JBrPET Industries Pvt Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Feltwood and EcoPackables are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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