Lactips raises EUR 3.7 million

Specialised in the conception and the production of water-soluble and biodegradable plastic raw material made of milk protein, Lactips announced a new capital increase of Eur 3.7 million on 17th of July 2018 with its historical shareholder Demeter through D3 A and Emertec 5 funds and three new shareholders: BASF Venture Capital, world industrial leader in the chemistry sector, BNP Parisbas Development and Crédit Agricole Loire Haute-Loire Capital Innovation. This new operation aims to industrialize, to market on large scale and to continue the product development to achieve strong growth.

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LACTIPS Press Release