PaperShell logo — We save paper from being wasted on single use items. Using s...

PaperShell

We save paper from being wasted on single use items. Using science and art we build back wood.

Founded 2021 Sweden Sweden 28 employees Total: $304.40M

General Information

Company Name PaperShell
Founded Year 2021
Location Sweden Sweden
Employees 28
Business Model B2B, B2B2C, White Label
Revenue Model Product Sales, One Time Purchase, Licensing
Social

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About PaperShell

PaperShell, founded in 2021 and headquartered in Sweden, stands at the intersection of sustainability and technology. Their motto, "We save paper from being wasted on single use items. Using science and art we build back wood," encapsulates their mission to transform biodegradable materials into high-tech, engineered wood solutions. This innovation targets diverse applications like veneer, plastics, fiber composites, and sheet metals, moving towards eco-friendly options.

Driven by a dedicated team blending design, science, and technology, PaperShell aspires to align with global sustainability agendas such as Agenda 2030 and COP 21 by reaching net zero and carbon positivity. Their expansion efforts are underscored by a recent substantial investment of €40.30M, underpinned by the European Commission on 27 March 2026. By engaging with Fortune 500 companies and avant-garde brands, PaperShell promises practical, scalable solutions rather than theoretical discussions, aiming for sustainable development that prioritizes people, the planet, and profit harmoniously. The company ethos resonates with fostering a circular bio economy, where art meets science, and finance supports ecological progress.

Business keywords: circular economy, sustainable materials, bio engineering, artificial wood, natural fiber composites, industrial scale-up, GHG reduction, biotechnology solutions, material innovation, sustainable design, environmental technology, carbon positive, biodiversity goals, industrial technology, multidisciplinary team

Services & Products

Custom Material Manufacturing
Sustainable Material Solutions
Circular Economy Consultation
Carbon Calculator Services

Target Customers

Automotive Manufacturers Furniture Designers Architects and Builders Consumer Electronics Companies Defense Contractors

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Grant €40.30M 1
EU Innovation Fund
01 Mar 2026
Early VC kr150.00M 3
Kistefos Venture Capital, Course Corrected +1
01 Dec 2025
Late VC kr89.00M -
01 May 2022
Late VC kr20.20M -
01 Nov 2021
Early VC kr4.90M -
01 Jul 2021

PaperShell Alternatives & Competitors

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PaperShell vs
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FAQ About PaperShell

We save paper from being wasted on single use items. Using science and art we build back wood.
PaperShell was founded in 2021.
PaperShell is headquartered in Sweden.
PaperShell has a B2B, B2B2C and White Label business model. Its revenue comes from Product Sales, One Time Purchase and Licensing.
PaperShell has approximately 28 employees.
PaperShell has completed 5 funding rounds, raising a total of $304.40M.
PaperShell offers: Custom Material Manufacturing, Sustainable Material Solutions, Circular Economy Consultation, Carbon Calculator Services.
Top alternatives and competitors to PaperShell include Shellworks, traceless materials, aevoloop GmbH, HONEXT®, Meloon GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PaperShell and Shellworks 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.

Source: BounceWatch company record for PaperShell, https://bouncewatch.com/company/papershell, updated 6 April 2026. When citing, please name BounceWatch and link this page.

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