Biotic raises €2m seed round to commodify biodegradable plastic materials

Biotic envisions a world where plastic is no longer a concern. Their mission is to produce bio-based and safe alternatives to fossil-based plastics, a ~ $500 bn market, at a competitive cost to fossil-based plastics. As a commodity manufacturer producing bioplastic flakes or pellets, their customers range across all industries. Biotic’s thermoplastic polymers fit a wide range of plastic applications, from very flexible to very ruggedized products.