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714 With 99.4% lower CO₂ than conventional materials, PaperShell wins up to €40.3 million for new Tibro factory

EU-Startups
David Cendon Garcia @ EU-Startups · 03/27/2026 06:50 EDT

With 99.4% lower CO₂ than conventional materials, PaperShell wins up to €40.3 million for new Tibro factory

PaperShell, a Tibro-based material company behind a new fossil-free composite material designed to replace aluminium, plastics and glass fibre at industrial scale, has secured up to €40.3 million in financing to expand industrial production through a new flagship factory. The funding comes in the form of a Grant Agreement with the European Commission under the ...

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